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Regulation

C/E/646. Global exchange rate arrangements are critical to achieve and maintain financial stability.

WORDS:
2750
DATE:
2010
PRICE:
29.99 GBP

This paper examines financial stability and the way in which global exchange rates affect it. The paper begins by describing the origins of the global financial framework, which introduces the Bretton Woods system. The current global economic crisis is discussed, and the French proposition for a new system is discussed. The United Nations Conference on Trade and Development (UNCTAD) suggesting for a global exchange rate mechanism is discussed and the paper concludes by recommending ways in which global economies can maintain financial stability.

 

KEYWORDS: Financial stability, global exchange rates, global financial framework, Bretton Woods system, global economic crisis, United Nations Conference on Trade and Development, UNCTAD, global exchange rate mechanism,

 
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