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Editorial board's picture

Monetary and Financial System Reform Debate

As we believe that this crisis cannot be solved without reforming the monetary and regulating the financial system, this page is to be updated with the latest developements in theese fields, so feel free to post any valuable resources below. Looking forward to G20 summit in London, we bring you reading that we find interesting.
In line with our "holistic approach", we present four documents calling for International Finacial System reform. First two were written for G20 Washington summit that took place in November 2008, whist the third is six years older, but is relevant as it reflects official G24 standpoints. Last document is something that we found accidentaly, a new formulation of an old Kenyes idea, introduction of world reserve currency - called Terra International Monetary Union.
We also recommend a book titled: The Future of Money - Creating New Wealth, Work and a Wiser World , by WAAS member Bernard Lietaer.

Marko Kristof's picture

EMU discussion

 
As a part of regional policy discussion, we wolud like to point your attention to two interesting articles:
First is an interview with Jean-Claude Trichet, President of the European Central Bank, published by the Robert Schuman Foundation.
We also recomend an article Do BRICs (and Germans) eat PIGS?, written by investment analyst John Mauldin. As it opened some questions Trichet is referring in above mentioned interview, we think that you sholud read it first.

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