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Tag Archives: monetary system

Towards a resilient international monetary system to systemic crises

Back in April 2010, the World Bank member countries agreed to change its severely criticized governance. This text has never been ratified by the U.S. Congress.On 03/26/2013 the BRICS countries announced the opening in 2014 of their own development bank, a fund with more than 100 billion USD, which will be able to ...

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