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The Global Economic Crisis

Systemic Failures and Multilateral Remedies

  • Author: UNCTAD
  • Publication date: April 2009
  • Page count: 80
  • Language(s) in this book: English
  • Sales number: 09.II.D.4

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$11.00
ISBN: 9789211562941

About the product

United Nations Conference's on Trade and Development (UNCTAD’s) longstanding call for stronger international monetary system and financial governances rings true in today’s crisis, which is global and systemic in nature. This report has been established by the UNCTAD interdivisional Task Force on Systemic Issues and Economic Cooperation to examine the systemic dimension of the crisis and formulate proposals for policy action nationally and multilaterally. It analyses a number of market failures and triggers, some reflecting fundamental imbalances in the global economy and others specific to the functioning of sophisticated financial markets.