Abstract

PIQUE, Pilar. The hierarchy of national currencies and current financial problems. Rev.econ.inst. [online]. 2016, vol.18, n.34, pp.69-85. ISSN 0124-5996.  https://doi.org/10.18601/01245996.v18n34.06.

In this paper we aim to develop the concept of hierarchy of national currencies in order to put in context the worldwide financial and monetary structure and its relationship with central features of current capitalism. It focuses on the analysis of global imbalances, changes in the objectives of central banks, the main problems of the financial system and the limits of the financial institution to formulate a program of structural reforms.

Keywords : finance, corporate government, government policy, regulation; JEL: G00, G3, G38.

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