Debating the Global Financial Architecture

Debating the Global Financial Architecture engages in contemporary debates surrounding the reform of the "global financial architecture." Economists and political scientists explore the economic and technical content of alternative global financial regimes as well as the political processes through which such changes are negotiated. The contributors, though diverse, jointly fear that rapid removal of the remaining controls on private international financial transactions risks systematic crisis. By initiating a cross-disciplinary discussion, this volume advocates a more honest discussion of the politics of global financial design, yet without discarding or devaluing a solid economic analysis of global money and investment flows.