The International Monetary System: Diffusion and Ambiguity

  • Benjamin J. Cohen
Chapter
Part of the Global Power Shift book series (GLOBAL)

Abstract

Ample evidence exists to suggest that the distribution of power in international monetary affairs is changing. But where does monetary power now reside, and what are the implications for governance of the international monetary system? On these questions, uncertainty reigns. The aim of this essay is to shed some new light on the dynamics of power and rule setting in global finance today.

Keywords

Gross Domestic Product International Monetary Fund Euro Area European Central Bank Monetary Union 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Benjamin J. Cohen
    • 1
  1. 1.University of CaliforniaSanta BarbaraUSA

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