Financial and monetary crises

Abstract : Financial liberalization has meant that governments have lost their ability to control the global flow of capital, thereby surrendering monetary and economic policy sovereignty to investment firms, sovereign funds and large banks. International Monetary and financial system is still in crisis, with a lot of world disequilibrium, the difficulty to furnish international liquidities and the existence of sovereign funds. There are a lot of proposals in order to fight the financial and monetary crises.
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Jacques Fontanel. Financial and monetary crises. Conférence Internationale de Saint-Pétersbourg, Gouvernement de la République Fédérale de Russie; Communauté des Etats Indépendants (CEI), May 2010, Saint-Petersbourg, Russia. ⟨hal-02199882⟩

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