The economic turbulence that began in Asia in 1997 and continues to this day has led to widespread recognition that existing institutions aren’t enough to deal with financial globalization. Debate about the new international financial architecture, however, has not really taken into consideration existing asymmetries in the international system, and its agenda must be broadened, says José Antonio
Ocampo, ECLAC’s Executive Secretary, in two recently published papers. In International Asymmetries and the Design of the Inter-national Financial System,..
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June 24, 2001