Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/b/elg/eebook/15654.html
   My bibliography  Save this book

New Global Economic Architecture

Editor

Listed:
  • Masahiro Kawai
  • Peter J. Morgan
  • Pradumna B. Rana
Abstract
The global financial crisis of 2007-2009 exposed flaws and shortcomings in the global economic architecture, and has sparked an international debate about possible remedies for them. The postwar global architecture was essentially guided by the major developed economies, and was centered around the IMF, the GATT – the predecessor of the WTO – and the World Bank. Today, however, the balance of economic and financial power is shifting toward the emerging economies, especially those in Asia, and both global governance and economic policy thinking are beginning to reflect this shift. This book addresses the important question of how a regional architecture, particularly one in Asia, can induce a supply of regional public goods that can complement and strengthen the global public goods supplied through the global architecture. These public goods include institutions to help maintain financial stability, support more open trading regimes and promote sustainable economic development.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Masahiro Kawai & Peter J. Morgan & Pradumna B. Rana (ed.), 2014. "New Global Economic Architecture," Books, Edward Elgar Publishing, number 15654.
    • Handle: RePEc:elg:eebook:15654
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781783472192.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Caf, . "Latin America 2040," Books, CAF Development Bank Of Latinamerica, number 497.
    2. Francisco Sagasti & Keith Bezanson & Fernando Prada, 2005. "The Future of Development Financing," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-50519-3, December.
    3. Prada, Fernando & Sagasti, Francisco R., 2006. "Regional development banks: a comparative perspective," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1924, November.
    4. -, 2006. "Regional financial cooperation," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1922 edited by Eclac, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xianbai Ji, 2017. "Promoting regional development bank complementarity: challenges to Asia and lessons from Europe," Asia Europe Journal, Springer, vol. 15(3), pages 261-281, September.
    2. Laurissa Mühlich & Barbara Fritz, 2021. "Borrowing Patterns in the Global Financial Safety Net: Does Governance Play a Role?," Global Policy, London School of Economics and Political Science, vol. 12(S4), pages 47-68, May.
    3. Kawai, Masahiro, 2015. "From the Chiang Mai Initiative to an Asian Monetary Fund," ADBI Working Papers 527, Asian Development Bank Institute.
    4. Peter J. Morgan, 2020. "A Framework for Regional Banking Regulation in ASEAN," Asian Economic Papers, MIT Press, vol. 19(3), pages 111-125, Fall.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fernando Prada, 2014. "World Bank, Inter-American Development Bank, and subregional development banks in Latin America: dynamics of a system of multilateral development banks," Chapters, in: Masahiro Kawai & Peter J. Morgan & Pradumna B. Rana (ed.), New Global Economic Architecture, chapter 10, pages 215-248, Edward Elgar Publishing.
    2. Alves Elia Elisa Cia & Biancarelli André Martins, 2020. "Financial cooperation initiatives in Latin America: Conditions of origins, subsistence and eventual vanishing," Economics and Business Review, Sciendo, vol. 6(4), pages 51-71, December.
    3. José Antonio Ocampo, 2015. "The Governance of the International Monetary System," WIDER Working Paper Series wp-2015-046, World Institute for Development Economic Research (UNU-WIDER).
    4. Khan, Haider, 2013. "Global Financial Governance: Towards a New Global Financial Architecture for Averting Deep Financial Crises," MPRA Paper 49275, University Library of Munich, Germany.
    5. Fritz, Barbara & Biancareli, André & Mühlich, Laurissa, 2012. "Regional payment systems: A comparative perspective on Europe and the developing world," Discussion Papers 2012/10, Free University Berlin, School of Business & Economics.
    6. Ana Carolina Machado Arroio, 2012. "Governance of Science, Technology and Innovation Programmes for Development: Is Global Financing Getting it Right?," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 4(2), pages 45-64, July.
    7. Ojiambo Elphas & Jacob Oduor & Mburu Tom & Wawire Nelson, 2015. "Working Paper 226 - Aid Unpredictability and Economic Growth in Kenya," Working Paper Series 2169, African Development Bank.
    8. Ronald U. Mendoza, 2007. "A Compendium of Policy Instruments to Enhance Financial Stability and Debt Management in Emerging Market Economies," Working Papers 48, United Nations, Department of Economics and Social Affairs.
    9. José Antonio Ocampo & Daniel Titelman, 2012. "Regional Monetary Cooperation in Latin America," Finance Working Papers 23324, East Asian Bureau of Economic Research.
    10. José Antonio Ocampo & Stephany Griffith-Jones, 2007. "A counter-cyclical framework for a development-friendly international financial architecture," Working Papers 39, United Nations, Department of Economics and Social Affairs.
    11. Julie McKay & Ulrich Volz & Regine Wölfinger, 2011. "Regional Financing Arrangements and the IMF," Chapters, in: Ulrich Volz (ed.), Regional Integration, Economic Development and Global Governance, chapter 10, Edward Elgar Publishing.
    12. Khan, Haider, 2013. "Basel III, BIS and Global Financial Governance," MPRA Paper 49513, University Library of Munich, Germany.
    13. Septi Kurnia Lestari & Nawi Ng & Paul Kowal & Ailiana Santosa, 2019. "Diversity in the Factors Associated with ADL-Related Disability among Older People in Six Middle-Income Countries: A Cross-Country Comparison," IJERPH, MDPI, vol. 16(8), pages 1-12, April.
    14. Prada, Fernando, 2012. "World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks," ADBI Working Papers 380, Asian Development Bank Institute.
    15. McKay Julie & Volz Ulrich & Wölfinger Regine, 2011. "Regional Financing Arrangements and the Stability of the International Monetary System," Journal of Globalization and Development, De Gruyter, vol. 2(1), pages 1-33, August.
    16. José Antonio Ocampo, 2016. "Global macroeconomic cooperation and the exchange rate system," WIDER Working Paper Series 049, World Institute for Development Economic Research (UNU-WIDER).
    17. Soyoung Kim & Sunghyun Kim & Yoonseok Choi, 2018. "International capital mobility: regional versus global perspective," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 154(1), pages 157-176, February.
    18. T. P. Ghosh, 2016. "Oil Dependency of GCC Stock Markets: Co-integration of GCC Stock Market Indices and Oil Price," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(1), pages 188-188, December.
    19. Kentaro Kawasaki & Zhi-Qian Wang, 2015. "Is Economic Development Promoting Monetary Integration in East Asia?," IJFS, MDPI, vol. 3(4), pages 1-31, October.
    20. Laurissa Mühlich & Barbara Fritz, 2018. "Safety for Whom? The Scattered Global Financial Safety Net and the Role of Regional Financial Arrangements," Open Economies Review, Springer, vol. 29(5), pages 981-1001, November.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Asian Studies; Economics and Finance;

    JEL classification:

    • G0 - Financial Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eebook:15654. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.