Financial and monetary crises
Résumé
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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Financial and monetary crises. Saint-Petersbourg. 2010. .pdf (103.79 Ko)
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