The International Monetary System, the IMF and the G20: A Great Transformation in the Making?

PART 1: RECONSTITUTION OF THE INTERNATIONAL MONETARY SYSTEM What Prospects for the International Monetary System?; Patrick Artus What Should We Think About When Refounding the International Monetary System?; J. Bradford DeLong Reforming Bretton Woods to Promote World Harmony and Stability; Li Ruogu The US Current Account Deficit and the Future of the World Monetary System; Robert Skidelsky Implications of Structural Changes for Management of the Global Economy; Edwin M. Truman PART 2: NEW PLAYERS, NEW RESPONSIBILITIES: ASIA AND EMERGING MARKETS IN THE INTERNATIONAL MONETARY SYSTEM The BRIC Dream: An Update; Michael Buchanan Institutions to Promote Financial Stability: Reflections on East Asia and an Asian Monetary Fund; Gordon de Brouwer East Asian Economic Regionalism: Update; Masahiro Kawai The Role of ASEAN+3 in Regional Policy Surveillance in East Asia; Yung Chul Park The Internationalization of Markets for Local Currency Bonds; Philip Turner The Evolving Exchange Rate Regimes in East Asia; Yu Yongding PART 3: GLOBAL IMBALANCES AND THEIR IMPLICATIONS FOR THE INTERNATIONAL MONETARY SYSTEM Understanding Global Imbalances; Richard N. Cooper Remarks on Global Imbalances; Dietrich Domanski Global Imbalances: The New Economy, the Dark Matter, the Savvy Investor, and the Standard Analysis; Barry Eichengreen Ongoing Risks from the US Current Account Deficit; Brad Setser Domestic Investment and External Imbalances in East Asia; Jong-Wha Lee and Warwick J. McKibbin PART 4: A NEW IMF IN THE MAKING? Sixty Years After Bretton Woods: Developing a Vision for the Future; Jack Boorman Assessing the Future of the IMF: Its Role, Relevance, and Prospective Reform; John Lipsky Reforms of the International Monetary System; John Williamson The Future of the International Monetary Fund; Nouriel Roubini and Brad Setser Rethinking the IMF Business Model: Proposals for Assessment and Reform of the IMF's Medium-Term Strategy; Angel Ubide