The New Architecture of the International Monetary System

  • Paolo Savona

Table of contents

  1. Front Matter
    Pages i-1
  2. Summary of Findings of the Guido Carli Association’s Second International Conference

  3. Introduction: A New Architecture or New System? A Survey of International Monetary Reform in the 1990s

  4. Economic Contents

  5. Legal Aspects

About this book


Two years ago, the Guido Carli Association, in collaboration with the Aspen Institute Italia, charged a group of distinguished economists to examine the problems created by the unsatisfactory functioning of the International Monetary System. The two resulting conferences were sponsored by the Fondazione della Cassa di Risparmio di Firenze (CESIFIN) and the Permanent Advisory Committee on the Euro and the Dollar (PACE&D). Their research had a two-fold aim. The first was an examination of the basic function of the International Monetary System with a special focus on the role the Euro would and should have. The second was the preparation of a list of recommendations on how to resolve the problems, financial problems in particular, affecting the entire world community.
Last year, the group focused on efforts taking place in diverse financial institutions and universities to construct what has been called the `New International Financial Architecture'. This group considered the legal problems arising from European and international integration and, more generally, from the new architecture of the International Monetary System.
This book, The New Architecture of the International Monetary System, is the final result of their efforts. It will be an invaluable resource for academics, professionals, and students alike.


Euro exchange rates financial markets institutions

Editors and affiliations

  • Paolo Savona
    • 1
  1. 1.LUISS Guido Carli University and Guido Carli AssociationRomeItaly

Bibliographic information