Take time to revise international financial architecture
Given the urgency imposed by the crisis, the postponement of the reform of the international financial system seems to be a reasonable strategy, new research from the Central Bank of Argentina posits.
The research notes that defining new rules of the game for the international monetary and financial system is more complex and conflictive than defining new regulations for national financial systems or redesigning multilateral organisations - the tasks the G20 has dealt with so far.
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