The International Financial Architecture

My speech to the Meeting of Finance Ministers of Latin America in Quito on November 29th 2013. I explain Keynes's proposal for an international unit of account called the Bancor, and support Zhou Xiaochuan, the Governor of the Central Bank of China, in calling for its introduction. I also argue that Latin America should in the meantime develop its own unit of account for intra-CELAC trade.

Тэги:

#IMF #International_Trade #Financial_Instability #Bancor #Bank_of_the_South #Latin_America #Hyman_Minsky #Steve_Keen_(Author) #International_Financial_Architecture #US_Dollar #Financial_Crises #Finance_(Industry)

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