ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Failure of International Monetary Reform-Scope for South-South Initiatives

Failure of International Monetary Reform Scope for South-South Initiatives I S Gulati This paper argues that in international negotiations extending over a decade and a half, little progress has been made towards securing the major reforms in the international monetary system sought by the developing countries. Against this background the author puts forward two specific proposals for the developing countries to come together and forge mutual arrangements among themselves in the monetary- cum-financial field.

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