Shaping a New International Financial System

This title was first published in 2000:  An outstanding volume which examines the professional economic merits, practical feasibility, and underlying politics of the hotly contested competing initiatives for strengthening the international financial system. Challenging much of the conventional wisdom, it offers a comprehensive account of the traditional enduring financial issues facing the G7 and the fundamental architectural elements of the new systemic design. This authoritative text contains a rich and balanced array of contributions from distinguished experts from all G7 countries and from emerging markets outside. Essential reading for academics in the areas of economics and management, to political scientists specializing in international political economy and to officials in the government and the private sector.

?...a timely and interesting collection on the future of the global financial order by a group of real experts in the field. It is difficult to imagine a more distinguished cast list. The book reads well and will be received with gratitude by scholars of international political economy as a rare example of the cross-fertilisation that is possible between policy makers and academics.? Andrew Williams, University of Kent at Canterbury, UK ?This is a first-rate piece of work which contributes significantly...to our understanding of the current state and future prospects for stability and order in the international financial system...The editors should be congratulated for bringing together such a wide range of scholarly and bureaucratic experts and for bringing such high standards of academic excellence to bear on the project...This is an excellent volume which will...make a critical contribution to the debate over how and why the international financial structure might be transformed.? Professor Michael Hawes, Berkeley University, USA ?An examination of G8 Policy dynamics over the last 30 years which provides rare vigour and insight. Both a sensible blueprint for a new international financial system and the definitive handbook for a new kind of governance within the G8 architecture...? The Asahi Shimbun (Japanese Newspaper) ?Although the authors are senior established figures assessing the world establishment, they nonetheless reach some lively and controversial conclusions...a well written and carefully considered overview of the problems of patching-up the international monetary structure, as seen primarily from the viewpoint of the G7, at the very end of the last century.? Professor Charles Goodhart, London School of Economics and Political Science, UK ?...a welcome addition to the literature on this important global network...Significant and accessible contributions to the study of the G7/G8.? Millennium: Journal of International Studies

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