Safeguarding prosperity in a global financial system: the future international financial architecture: report of an independent task force

2000 ◽  
Vol 37 (07) ◽  
pp. 37-4009-37-4009 ◽  
Keyword(s):  
Task Force ◽  
Financial System ◽  
Financial Architecture ◽  
Independent Task ◽  
International Financial Architecture ◽  
The Future ◽  
Global Financial System

scholarly journals FINANCIAL SYSTEM DEVELOPMENT IN REPUBLIC OF MOLDOVA IN THE CONTEXT OF THE NEW INTERNATIONAL FINANCIAL ARCHITECTURE

World Science ◽  
2019 ◽  
Vol 2 (10(50)) ◽  
pp. 4-9
Author(s):  
Lopotenco Viorica
Keyword(s):  
Structural Changes ◽  
System Development ◽  
Financial System ◽  
Matrix Approach ◽  
Financial Architecture ◽  
Republic Of Moldova ◽  
International Financial Architecture ◽  
The Matrix ◽  
Structured Approach ◽  
General Preferences

The primary purpose of this paper is to analyze the transformations in the international financial architecture and their impact on the national financial system. For this purpose, a multi-criteria analysis (matrix approach) is used, which represents a structured approach used to determine the general preferences between several alternative options, which lead to the achievement of several objectives. The approach of the matrix gives the possibility to combine the size of the set of the financial sector.The conclusions of this study consist in the fact that the complex resolution of the challenges in the international financial architecture implies the creation of foundations for the implementation of the progressive structural changes in the economy, capable of contributing to the sustainable economic development.

scholarly journals Financialisation reinforced: the dual legacy of the covid pandemic

2021 ◽  
Author(s):  
Photis Lysandrou ◽  
Taimaz Ranjbaran
Keyword(s):  
Financial Market ◽  
Emerging Market ◽  
Financial System ◽  
Equity Markets ◽  
Policy Implications ◽  
Emerging Market Economies ◽  
The Future ◽  
Wealth Tax ◽  
The Impact ◽  
Global Financial System

AbstractThis paper examines the impact of the covid pandemic on the financialisation process, here viewed as the growing domination of the world’s bond and equity markets over the world’s product markets. Two major arguments are advanced. The first is that the pandemic has reinforced the functionality of financial market scale, which is that its continuing growth signifies nothing other than that government and corporate organisations are colonising the future to cope with the rising financial pressures of the present. The second argument is that the pandemic has also accentuated one of the more notable dysfunctional aspects of the continuing growth of financial market scale, which is its enforcement of a core-periphery divide between the advanced and emerging market economies that occupy the global financial system. The paper concludes with some policy implications of the analysis that includes the call for a global wealth tax.

Part VII International Securities, Including Markets and Clearing Systems, 18 The Architecture of International Financial Regulation

2021 ◽  
Author(s):  
Hüpkes Eva
Keyword(s):  
Financial Regulation ◽  
Evolutionary Process ◽  
The Political ◽  
Political Environment ◽  
Financial Architecture ◽  
International Financial Architecture ◽  
The World ◽  
Recent Origin ◽  
Global Financial System ◽  
International Financial Regulation

This chapter examines the term “international financial architecture”, which is of fairly recent origin and has been used only occasionally prior to the Asian crisis. It explains how international financial architecture provides a somewhat misleading impression of the nature of the process by which the institutions and policies that shape the global financial system came into being. It also describes international financial architecture as more of the outcome of an evolutionary process than the product of intelligent design. This chapter highlights changes in the international financial and monetary systems and in the arrangements for providing meaningful and cohesive oversight in response to changes in the world economy and in the political environment. It also analyses the development of a body of normative texts referred to as international financial regulation.

Neue internationale Finanzarchitektur: Defizite und Handlungsoptionen

2000 ◽  
Vol 1 (3) ◽  
pp. 259-279 ◽  
Author(s):  
Michael Frenkel ◽  
Lukas Menkhoff
Keyword(s):  
Financial System ◽  
Recent Discussion ◽  
Financial Architecture ◽  
International Financial System ◽  
International Financial Architecture ◽  
Current Events ◽  
Recent Debate

Abstract The recent debate about a new international financial architecture, i.e. a reform of the international financial system, is strongly influenced by current events. In contrast to this the paper puts the problem into the framework of Ordnungspolitik. Beginning with the development of the recent discussion and shortcomings in the international financial system, we discuss fundamental reform proposals in brief and reform steps already realized at greater length.

Iran will equivocate over money laundering

2018 ◽  
Keyword(s):  
Money Laundering ◽  
Task Force ◽  
Financial System ◽  
Foreign Minister ◽  
Financial Action Task Force ◽  
Content Type ◽  
Terrorism Financing ◽  
Financial Action Task ◽  
Global Financial System ◽  
Combat Money Laundering

Significance The Financial Action Task Force (FATF), a global body that works to combat money laundering and terrorism financing, has threatened to impose countermeasures on Iran in February 2019 if it does not comply with mandated reforms. This would effectively cut Iran out of the global financial system. Impacts Political considerations by FATF's member states will contribute to its decision. Israel, recently appointed an FATF member, will push for anti-Iran measures. An impeachment attempt against the foreign minister will likely fail.

Macroprudential Policy Instruments of Central Banks

2012 ◽  
pp. 32-47
Author(s):  
S. Andryushin ◽  
V. Kuznetsova
Keyword(s):  
Systemic Risk ◽  
Financial Stability ◽  
Financial System ◽  
Policy Instruments ◽  
Central Banks ◽  
Macroprudential Policy ◽  
Policy Studies ◽  
The Future ◽  
Financial Cycles

The paper analyzes central banks macroprudencial policy and its instruments. The issues of their classification, option, design and adjustment are connected with financial stability of overall financial system and its specific institutions. The macroprudencial instruments effectiveness is evaluated from the two points: how they mitigate temporal and intersectoral systemic risk development (market, credit, and operational). The future macroprudentional policy studies directions are noted to identify the instruments, which can be used to limit the financial systemdevelopment procyclicality, mitigate the credit and financial cycles volatility.

Analyzing the impact of financial momentum on the development of the economy

2020 ◽  
Vol 26 (2) ◽  
pp. 299-315
Author(s):  
V.V. Smirnov
Keyword(s):  
Financial Regulation ◽  
Systems Approach ◽  
Financial System ◽  
Modern Economic ◽  
And Performance ◽  
The Interest Rate ◽  
National Economies ◽  
Economic Ties ◽  
The Impact ◽  
Global Financial System

Subject. The article discusses the momentum in finance. Objectives. The study reveals the impact of financial momentum as the unity of antipodes in the development of the national economy. Methods. The study is based on a systems approach and methods of descriptive statistics. Results. I discover the ultimate goal of globalization, i.e. the substantive simplification of national economies and strengthening of global economic ties. The goals determine the logic tendency of national economies for reducing the interest rate so as to gain the financial momentum and, consequently, fanning the crisis risk in the global financial system. The global financial system became the substance of global economic processes, which determined development opportunities of national economies. I reveal what countries have the high and low financial momentum. Conclusions and Relevance. Being the unity of antipodes in the modern economic development, financial momentum causes countries to lose their economic identity, making them just functions of the global financial system. The cyclical development model of national economies is replaced with the metron model that rests on fluctuating advanced economies with the low financial momentum at its bottom and emerging economies at its top. The findings crystallize the concept and new competencies for a person who decide on the determination and performance of financial regulation activities.

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