Nueva arquitectura monetaria internacional: Ideas para una transición
Keywords:
international monetary relations, international monetary reform, international currency, Special Drawing Rights, SDR, international commodity reserve currency, transitionAbstract
Recent monetary and financial turmoil have stimulated the debates about the possibility of reforming the international monetary system (IMS). The objective of this paper is to analyse the viability and potential effects of the proposals that consider that the best option consists of a transition to a new IMS, based on a global currency. This transition could begin with an evolution towards a regional-multipolar regime (first scenario) or promoting directly an IMS based on a supranational currency. This currency could be a currency basket (second scenario) or an international commodity reserve currency (third scenario).
Downloads
References
Anchorena, Óscar et al. (2012): "Alternativas al sistema monetario actual: un breve repaso", Papeles de Relaciones Ecosociales y Cambio Global, Nº 118, pp. 45-55.
Angeloni, Ignazi et al. (2011): "Global currencies for tomorrow: a European perspective", European Economy, Economic Papers, núm. 444.
Camdessus, Michel et al. (2010): Reform of the International Monetary System: a Cooperative Approach for the Twenty-First Century, Palais-Royal Initiative.
Carpintero, Óscar y Riechmann, Jorge (2013): "Pensar la transición: enseñanzas y estrategias económico-ecológicas", Revista de Economía Crítica, Nº 16, pp. 45-107.
Curcuru, Stephanie et al. (2013): "On Returns Differentials", Board of Governors of the Federal Reserve System International Finance Discussion Papers, Nº 1077, abril.
De Brunhoff, Suzanne (1976): "Les matières premières et le système monétaire international", Revue Tiers Monde, Nº 66, pp. 515-537. https://doi.org/10.3406/tiers.1976.2647
Dorrucci, Ettore y McKay, Julie (2011): "The International Monetary System after the Crisis", European Central Bank Occasional Paper, Nº 123. https://doi.org/10.2139/ssrn.1646277
Eichengreen, Barry (2009): "Out-of-the-Box Thoughts about the International Financial Architecture", IMF Working Paper, Nº 116, Washington. https://doi.org/10.5089/9781451872637.001
Gesell, Silvio (1936): El orden económico natural, Buenos Aires, Editorial Ernesto F. Gesell.
Gutiérrez, Francisco Javier. y Lobejón, Luis Fernando (2001): "Pasado y presente de las reformas de las relaciones financieras y monetarias internacionales", Ekonomiaz, Nº 48, pp. 156-191.
Kaldor, N. (1971): "Un proyecto de moneda internacional de reserva basado en mercaderías", en Kaldor, Nicholas, Ensayos sobre política económica, Madrid, Tecnos, pp. 440-483.
Lietaer, Bernard (2005): El futuro del dinero. Cómo crear nueva riqueza, trabajo y un mundo más sensato, Buenos Aires, Editorial Errepar/Longseller.
Lietaer, Bernard y Kennedy, Margrit (2010): Monedas regionales. Nuevos instrumentos para una prosperidad sostenible, Sevilla, La Hidra de Lerna Ediciones.
Mateos-Lago, Isabelle et al. (2009): "The Debate on the International Monetary System", IMF Staff Position Note, Washington, Fondo Monetario Internacional. https://doi.org/10.5089/9781462331369.004
Mendès France, Pierre (2007): Choisir. Une certaine idée de la gauche (conversations avec Jean Bothorel), Editorial Fayard (Primera edición, Editorial Stock, 1974).
Naredo, José Manuel (2010): Raíces económicas del deterioro ecológico y social, Madrid, Siglo XXI.
Ocampo, José Antonio (2010): "La reforma del Sistema Monetario Internacional", Pensamiento Iberoamericano, Nº 6, pp. 211-232.
O'Neill, Dan W., Dietz, Rob y Jones, Nigel (Eds.) (2010): Enough is Enough: Ideas for a Sustainable Economy in a World of Finite Resources. The Report of the Steady State Economy Conference, Leeds, Center for the Advancement of the Steady State Economy and Economic Justice for All.
Park, Yun Chul y Wyplosz, Charles (2012): "International Monetary Reform: A Critical Appraisal of Some Proposals", ADBI Working Paper Series, Tokyo, Asian Development Bank Institute.
https://doi.org/10.2139/ssrn.2096027
Polak, Jacques J. (1979): "Thoughts on an International Monetary Fund based on SDR", Washington, IMF Pamphlet Series, Nº 28. https://doi.org/10.5089/9781451946246.054
Riechmann, Jorge (Coord.) (2012): Meter el dinero en cintura. Propuesta de una moneda internacional basada en materias primas, Barcelona, Grupo de reflexión MaPriMi, Icaria.
Soddy, Frederick (1926): Wealth, Virtual Wealth, and Debt. The Solution of the Economic Paradox, London, Allen and Unwin.
Stiglitz et al. (2009): Report of the Commission of Experts Convened by the President of the UN General Assembly on Reforms of the International Monetary and Financial System, Naciones Unidas, Nueva York. (http://www.un.org/ga/econcrisissummit/docs/FinalReport_CoE.pdf).
Triffin, Robert (1960): Gold and the Dollar Crisis, New Haven, Yale University Press.
Zhou, Xiaochuan (2009): "Reform the International Monetary System", BIS Review, Nº 49, Basilea, Bank of International Settlements. (http://www.bis.org/review/r090402c.pdf).
