Canada’s Carney pushes for change in global monetary order

mary-carney08

Mark Carney, the governor of the Bank of Canada, on Friday called for policy change in order to address the fragilities in the global financial system.

Carney termed the international monetary system "an increasingly unstable hybrid of fixed and floating regimes" and said there was "cause for concern that the current system will repeat the failures of its predecessors."

"All are aware that the decisions, actual or perceived, of a few sovereigns can have a disproportionate, disruptive impact on a

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: