IDEAS home Printed from https://ideas.repec.org/a/cai/refaef/ecofi_145_0173.html
   My bibliography  Save this article

La nouvelle géopolitique monétaire et ses enjeux démocratiques

Author

Listed:
  • Éric Monnet

Abstract

A new international financial architecture is emerging, characterized by the normalization of some forms of capital control and the rise of bilateral loans between central banks. The issues of diplomacy and financial stability are intertwined. If authoritarian states with centralized power and without independence of central banks naturally find their account in this new state of the world, the monetary and financial institutions of democratic countries must establish a new legitimacy for their interventions that affect financial relations with foreign countries. Central banks cannot act alone and it is necessary to explicitly coordinate their action with other aspects of economic and foreign policy. This is as much a question of policy effectiveness as of democratic legitimacy. JEL Classification: E4, E5, E58, F3

Suggested Citation

  • Éric Monnet, 2022. "La nouvelle géopolitique monétaire et ses enjeux démocratiques," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 173-185.
    • Handle: RePEc:cai:refaef:ecofi_145_0173
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_145_0173
    Download Restriction: restricted
    File URL: http://www.cairn.info/revue-d-economie-financiere-2022-1-page-173.htm
    Download Restriction: restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F3 - International Economics - - International Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:refaef:ecofi_145_0173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.