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  • 标题:IMPACT OF THE GLOBAL CRISIS ON THE GOVERNANCE STRUCTURES OF INTERNATIONAL FINANCIAL INSTITUTIONS
  • 本地全文:下载
  • 作者:Gökhan Özkan
  • 期刊名称:EMAJ: Emerging Markets Journal
  • 印刷版ISSN:2158-8708
  • 出版年度:2011
  • 卷号:1
  • 期号:2
  • 页码:1-12
  • DOI:10.5195/emaj.2011.8
  • 语种:English
  • 出版社:University Library System, University of Pittsburgh
  • 摘要:The global financial crisis dragged many countries into recession, demonstrated that the international financial system has structural problems and started discussions about restructuring of the international financial institutions. The main objective of this paper is to investigate the impact of the global financial crisis on the governance structures of the international financial institutions. To this end, studies made at different international platforms were evaluated. The debates and negotiations among the developed and developing countries about governance structures of the international financial institutions were analyzed. Developing countries’ demand to reform the decision-making mechanisms of the Bretton Woods institutions, the IMF and the World Bank and developed countries’ reservations were investigated. It was concluded that the new shape of the international financial architecture and governance structures of international financial institutions will depend on international politics as well as the evolution of the global crisis and the economic dynamics.
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