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This paper addresses a pressing current topic on the International Monetary System (IMS) and the need for its fundamental reform. In principle, at present, this need for reform is agreed by all specialists and more and more of those who govern the worldβs countries. The paper presents the main vulnerabilities of SMI, some aspects of his background, a review of several papers, a brief critical analysis of IMS and some proposals and conclusions which the authors deem useful. The novelty the paper brings concerns the design of a new currency of international reserve and also the proposal the for the issuance and surveillance of its use should be formed a new entity that has the role of the Central Bank but worldwide.
Ion Corbu, Aurelian B?lu??. 2014. "Some Considerations on the Underlying Need to Reform the Current International Monetary System". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 14 (GJMBR Volume 14 Issue C1).
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
v1.2
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Total Score: 149
Country: Romania
Subject: Global Journal of Management and Business Research
Authors: Ion Corbu, Aurelian B?lu?? (PhD/Dr. count: 0)
View Count (all-time): 200
Total Views (Real + Logic): 1776
Total Downloads (simulated): 137
Publish Date: 2014 01, Wed
Monthly Totals (Real + Logic):
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