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A new "Bretton Woods" for development?Hveem, HelgeThis article addresses the current discourse on a 'new international financial structure'. It argues that the Asian crisis of 1997 and a series of banking and currency crises over the years have ... created greater consensus than since the 1960s for some form of regulation of international finance, in particular short-term flows. The article discusses proposals in terms of four positions: radical liberalism, conservatism, reformist institutionalism and nationalist developmentalism which are discussed according to two dimensions: first, how they balance efficiency and legitimacy criteria, and, secondly, how they relate to the particular development concerns. It also discusses the respective roles of various levels of regulatory authority/governance - national, regional and global - and argues that all these levels of governance are both necessary and realistic when the two said dimensions are taken into account.Source: Journal of international relations and development. - ISSN 1408-6980 (Vol. 2, no. 4, December 1999, str. 415-525)Type of material - article, component partPublish date - 1999Language - englishCOBISS.SI-ID - 19465821
Author
Hveem, Helge
Topics
Mednarodno gospodarstvo |
Globalni razvoj |
globalni razvoj |
mednarodni sistem |
mednarodno gospodarstvo |
denarna politika |
finančna sredstva |
legitimnost |
global development |
international system |
international economy |
monetary policy |
finance |
legitimity |
legitimity
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source: Journal of international relations and development. - ISSN 1408-6980 (Vol. 2, no. 4, December 1999, str. 415-525)
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