Theoretical and Applied Economics
No. 8 / 2013 (585)
International monetary system – between crisis and reform
“Lucian Blaga” University of Sibiu
Silvia MĂRGINEAN
“Lucian Blaga” University of Sibiu
Abstract. The 2008 global crisis that hit in the heart of the system highlighted main deficiencies and vulnerabilities of the current international monetary system and revived the old concerns about its functioning. The reform of the international monetary system is under discussion again after a long period, during the ’90 crises, especially in Southeast Asia, Russia and Brazil. To explain the relation between crisis and reform, this paper identifies some variables and hypotheses. It also analyses the matters that have sparked interest in reforming the international monetary system, in the context of the causes of the crisis and its vulnerabilities, admitting that the current system is not a perfect one. The paper concludes that it is time for a deep reform of the international monetary system.
Keywords: international monetary system; crisis; reform.
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Contents
- A regional model for labour demand in Romania
Paul Costel ROTARU
- Occupational mobility networks of female
and male higher education graduates
Eliza-Olivia LUNGU
Ana-Maria ZAMFIR
Cristina MOCANU
- Creating competitive poles – the sustainable model
for obtaining the competitive advantage
Ramona-Mihaela MATEI
- Financial development and economic growth
in Central and Eastern Europe
Monica DUDIAN
Raluca Andreea POPA
- Neoclassical economic orthodoxy
and the need for a new post-crisis economic paradigm
Andrei JOSAN
Cristina (COVACI) VOICU
- Territorial analysis of discriminated groups
Mihaela Hrisanta MOSORA
- The causal relationship between Foreign Direct
Investment and Current Account: an empirical
investigation for Pakistan economy
Danish Ahmed SIDDIQUI
Mohsin Hasnain AHMAD
Muhammad ASIM
- The internet is changing our world
Daniela VÎRJAN
- Improvement of labor flexibility in Romanian companies
using practices in the field in some EU countries
Ionuț CĂȘUNEANU
- International monetary system –
between crisis and reform
Ramona ORĂŞTEAN
Silvia MĂRGINEAN
