Andreea TRIMBITAS

The International Monetary System in the Context of the Actual Financial Crisis. Change Proposals

The International Monetary System (I.M.S.) has a crucial role in economy, representing the frame for a sustainable development of the economic relationships between states, while contributing at the progress of the world’s economies. Nowadays, this system confronts large difficulties, as a consequence of the lack of financial disciplinary instruments, meant at regulation and coordination. The actual economic-financial crisis proved the limits of the present I.M.S., reason why it is now under “reconstruction”. In this direction, there is a series of reforms that can be implemented, so that the new architecture of the system is much more solid.
JEL ClassificationE42

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Author(s)

Andreea TRIMBITAS
Lucian Blaga University of Sibiu

Correspondence

Andreea Trimbitas, Lucian Blaga University of Sibiu

Article History

Received: November 10, 2013
Accepted: December 14, 2013
Available Online: December 29, 2013

Cite Reference

Trambitas, A., 2013. The International Monetary System in the Context of the Actual Financial Crisis. Change Proposals. Expert Journal of Economics, 1(1), pp.19-27

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