The collapse of Barings bank and the currency crisis in Mexico are
just two instances of stress in an international financial system
still largely governed by the institutions established by the
Bretton Woods Committee in 1944. Here, the authors put forward an
agenda for a new system of international economic institutions to
fit the changes in international relations. This agenda
includes:
* an analysis of the role of the Bretton Woods institutions and
their relations with the newly created World Trade
Organizations
* a discussion of the search for world economic governance
* an analysis of the crisis within EMS and the prospects for
European Monetary Integration
* an examination of the integration of private markets in the new
economic architecture.
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