آليات إصلاح النظام النقدي الدولي الراهن في ظل تحديات الأزمة المالية العالمية 2008-2016

Abstract EN

Many views have emerged regarding the necessity to build a new international financial architecture for multiple reasons.

The main reason is the current international financial crisis, and other reasons related to the performance of the old system being incapable of achieving the goals outlined in The Bretton Woods Agreement in 1944, which recommended the necessity to maintain a stable international monetary and financial system and achieve economic growth and welfare.

The old system’s incapacity was reflected in the weakness of its monetary institutions: the International Monetary Fund (IMF) and the World Bank (WB), which has prompted the need to review it and to come up with new mechanisms that can reinvigorate the international monetary policy to overcome the consequences of the global financial crisis 2016-2008and, anticipate its future risks.