Nueva arquitectura monetaria internacional: Ideas para una transición

Authors

  • Francisco Javier Gutiérrez Hurtado Departamento de Econom a Aplicada, Universidad de Valladolid
  • Luís Fernando Lobejón Herrero Departamento de Econom a Aplicada, Universidad de Valladolid

Keywords:

international monetary relations, international monetary reform, international currency, Special Drawing Rights, SDR, international commodity reserve currency, transition

Abstract

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).

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Published

2021-06-10

How to Cite

Gutiérrez Hurtado, F. J., & Lobejón Herrero, L. F. (2021). Nueva arquitectura monetaria internacional: Ideas para una transición. Journal of Critical Economics, 1(17), 59–81. Retrieved from https://revistaeconomiacritica.org/index.php/rec/article/view/305

Issue

No. 17 (2014): Thinking the Transition (II)

Section

Thinking the transition (II)