2007 | OriginalPaper | Buchkapitel
The Future of the International Financial System
verfasst von : Paul Davidson
Erschienen in: Interpreting Keynes for the 21st Century
Verlag: Palgrave Macmillan UK
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Despite the continuing support for the “Washington Consensus” within the IMF, the World Bank and the U.S. Treasury, most astute observers of the international financial system recognize that there is something seriously wrong with the existing system. Although many recognize the symptoms of a severe malady in the system, few realize what the fundamental flaws of the system are. Accordingly, few can prescribe the correct vaccine to cure the illness and protect the international financial system from relapse.