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Global Financial Crisis' Impact on the International Monetary System

In: Reform of the International Monetary System and Internationalization of the Renminbi

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  • Ruogu Li

Abstract

The 2008 financial crisis has caused great damage to the world economy. It has also posed a major challenge to the integrity of the international monetary system and put its sustainability into question. The financial crisis has made it possible for the international society to place the reform of the international monetary system on the agenda, although such reform takes time to achieve.

Suggested Citation

  • Ruogu Li, 2015. "Global Financial Crisis' Impact on the International Monetary System," World Scientific Book Chapters, in: Reform of the International Monetary System and Internationalization of the Renminbi, chapter 9, pages 117-128, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814699051_0009
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    Cited by:

    1. Rozenn Perrigot & Komlanvi Elom Gbetchi, 2023. "Social franchise chains operating in African countries: are their social goals aligned with the 2030 United Nations sustainable development goals?," Post-Print hal-03715585, HAL.
    2. Bellavite Pellegrini, Carlo & Sergi, Bruno & Sironi, Emiliano, 2015. "Stock Returns, Productivity, and Corruption in Eight European Fast-Emerging Markets," MPRA Paper 104651, University Library of Munich, Germany, revised 2015.

    More about this item

    Keywords

    IMF; World Bank; Financial Crisis; International Monetary System; RMB; International Monetary System Reform; China; US; Dollar; Renminbi; Yuan; Currency; Exchange Rate;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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