Matches in SemOpenAlex for { <https://semopenalex.org/work/W242597123> ?p ?o ?g. }
Showing items 1 to 49 of
49
with 100 items per page.
- W242597123 endingPage "96" @default.
- W242597123 startingPage "81" @default.
- W242597123 abstract "The wave of currency and banking crises that began in 1997 in East Asia, then spread to Russia and other emerging markets, and even threatened to spill over to the United States, generated broad consensus that fundamental reforms were required in the international financial system. Particularly during 1997 and 1998, the view emerged that existing institutions andmechanisms, designed in the mid-1940s, were inadequate for preventing and managing crises in the twenty-first century. Significant reform – as well as strengthening – of global financial governance was seen as urgent. Besides the objective of achieving international financial stability, an equally important aim, to which insufficient attention has been given, is the provision of adequate capital flows, both private and public, to different categories of developing economies. Such flows can complement domestic savings and provide additional foreign exchange and technology to these economies. This does not imply a return to the excessive levels of easily reversible private lending that characterised the first half of the 1990s, but rather, sufficient levels of stable private and official flows that contribute to higher growth of both lowand middle-income countries. Thus, from a development perspective, the two major goals for a new international financial architecture are (i) to prevent currency and banking crises and better manage them when they do occur and (ii) to support the adequate provision of private and public investment flows to developing countries, including particularly to the lowest income countries. This chapter assesses progress on international financial reform in relation to these two goals (see also Griffith-Jones and Ocampo 2003). In this sense, this contribution is broader than most of the literature on the subject, which has focused on achieving international financial stability and avoiding contagion. It should be stressed that a development-oriented international financial architecture would benefit not only" @default.
- W242597123 created "2016-06-24" @default.
- W242597123 creator A5083039040 @default.
- W242597123 date "2005-12-29" @default.
- W242597123 modified "2023-10-18" @default.
- W242597123 title "The Slow Progress of International Financial Reform" @default.
- W242597123 cites W12930632 @default.
- W242597123 cites W1480267933 @default.
- W242597123 cites W1544765043 @default.
- W242597123 cites W1578263719 @default.
- W242597123 cites W2019562442 @default.
- W242597123 cites W2160866366 @default.
- W242597123 cites W2482283801 @default.
- W242597123 cites W2798358175 @default.
- W242597123 cites W318081849 @default.
- W242597123 cites W822883193 @default.
- W242597123 doi "https://doi.org/10.1007/1-4020-2858-x_6" @default.
- W242597123 hasPublicationYear "2005" @default.
- W242597123 type Work @default.
- W242597123 sameAs 242597123 @default.
- W242597123 citedByCount "2" @default.
- W242597123 countsByYear W2425971232023 @default.
- W242597123 crossrefType "book-chapter" @default.
- W242597123 hasAuthorship W242597123A5083039040 @default.
- W242597123 hasConcept C144133560 @default.
- W242597123 hasConcept C162324750 @default.
- W242597123 hasConcept C73283319 @default.
- W242597123 hasConceptScore W242597123C144133560 @default.
- W242597123 hasConceptScore W242597123C162324750 @default.
- W242597123 hasConceptScore W242597123C73283319 @default.
- W242597123 hasLocation W2425971231 @default.
- W242597123 hasOpenAccess W242597123 @default.
- W242597123 hasPrimaryLocation W2425971231 @default.
- W242597123 hasRelatedWork W1502198272 @default.
- W242597123 hasRelatedWork W1979279849 @default.
- W242597123 hasRelatedWork W1998718379 @default.
- W242597123 hasRelatedWork W2017540542 @default.
- W242597123 hasRelatedWork W2054677056 @default.
- W242597123 hasRelatedWork W2073254488 @default.
- W242597123 hasRelatedWork W2585430266 @default.
- W242597123 hasRelatedWork W2899084033 @default.
- W242597123 hasRelatedWork W3026667738 @default.
- W242597123 hasRelatedWork W4239438880 @default.
- W242597123 isParatext "false" @default.
- W242597123 isRetracted "false" @default.
- W242597123 magId "242597123" @default.
- W242597123 workType "book-chapter" @default.