This report maps out proposals for a new international monetary order and looks at ways in which monetary authorities and political leaders can help prepare the ground for a new system and facilitate the transition. Key recommendations include: A multicurrency reserve system for a multipolar world economy Promote dialogue and policy coordination to provide stability, confidence and balanced adjustment Strengthen the role and legitimacy of international institutions, including how the su

First Author: Subacchi, Paola; Driffill, John

Abstract

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Bibliographic Information

Type: Book Chapter

Book Title: Beyond the Dollar: Rethinking the International Monetary System (2010)

Page Reference: 16-22

ISBN: 9781862032279