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Fixing Payments Imbalances Is Central Issue for International Financial Reform
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Fixing Payments Imbalances Is Central Issue for International Financial Reform
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Trade Publication Article
Fixing Payments Imbalances Is Central Issue for International Financial Reform
2008
Overview
Dr. Helleiner, CIGI Chair in International Governance, argues that governance innovations are needed to solve the issue of imbalances. Among his suggestions are: expanding the G7 financial decision making, creating \"substitution accounts\" to ease the shift away from a dollar-centred international monetary order, fostering a greater role for surplus regions and negotiating new multilateral rules for investment flows. International Payments Imbalances and Global Governance is a publication of \"Breaking Global Deadlocks\" project, undertaken jointly by CIGI and the Centre for Global Studies (CFGS). The Centre for International Governance Innovation (CIGI) is an independent, nonpartisan think tank that addresses international governance challenges. Led by a group of experienced practitioners and distinguished academics, CIGI supports research, forms networks, advances policy debate, builds capacity, and generates ideas for multilateral governance improvements. Conducting an active agenda of research, events and publications, CIGI's interdisciplinary work includes collaboration with policy, business and academic communities around the world. CIGI was founded in 2002 by Jim Balsillie, co-CEO of RIM (Research In Motion), and collaborates with and gratefully acknowledges support from a number of strategic partners, in particular the Government of Canada and the Government of Ontario. For more information, please visit www.cigionline.org.
Publisher
Intrado Digital Media Canada Inc
Subject
