The Future of the International Financial System

  • Paul Davidson

Abstract

Despite the continuing support for the ‘Washington Consensus’ within the IMF, the World Bank and the US Treasury, most astute observers of the international financial system recognize that there is something seriously wrong with the existing system. Although many recognize the symptoms of a severe malady in the system, few realize what the fundamental flaws of the system are. Accordingly, few can prescribe the correct medicine to cure the illness or a vaccine to protect the international financial system from relapse.

Keywords

Depression Covariance Income Assure Argentina 

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Copyright information

© Paul Davidson 2005

Authors and Affiliations

  • Paul Davidson

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