International Monetary Clearing Union – Ideas towards a new international financial architecture? https://itnifa2015.weaconferences.net 15th May – 20th July, 2015 Mon, 09 Jun 2025 11:48:25 +0000 en-US hourly 1 Globalization and an International Monetary Clearing Union https://itnifa2015.weaconferences.net/papers/globalization-and-an-international-monetary-clearing-union/ https://itnifa2015.weaconferences.net/papers/globalization-and-an-international-monetary-clearing-union/#comments Thu, 14 May 2015 21:26:55 +0000 http://itnifa2015.weaconferences.net/?post_type=wea_paper&p=50 More ›]]> What is required today is a modern day variant of the “Keynes Plan” that was presented at Bretton Woods– but was vetoed by Harry Dexter White , the leader of the US delegation to Bretton Woods.  This paper  provides the economic explanation of why the principles behind the “Keynes Plan” are essential to improve the international payment and financial system and then describes how a 21 century International monetary Clearing Union would  operate.

Paul Davidson, pdavidson@utk.edu, Holly Chair of Excellence Emeritus, University of Tennessee

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