Sunday, September 26, 2010

Rebalancing the Global Economy ...

A few articles to pass the time ~ global rebalancing, currencies, etc ...we're getting there ... slowly, but surely ... Here is one of the most important and positive articles to keep in mind ~ Link ~ The SDR Basket Composition is Reviewed Every Five Years by the Executive Board - Next Review Late 2010 ... The evolution of the international monetary system ... (imo kel)

The evolution of the international monetary system (2009) In response to the worst financial crisis since the 1930s, policy-makers around the globe are providing unprecedented stimulus to support economic recovery and are pursuing a radicalset of reforms to build a more resilient financial system. However, even this heavy agend may not ensure strong, sustainable, and balanced growth over the medium term. We must also consider whether to reform the basic framework that underpins global commerce: the international monetary system.

Link to full post ~ The evolution of the international monetary system ...