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The
overarching theme of this paper is that
some parts of the international system
have become, under globalisation, rather
obsolete and some times mutually inconsistent.
The system has shown itself incapable
of anticipating or preventing financial
crisis in a global economy and there is
a glaring asymmetry in the treatment of
source and recipient countries. Alternatives
and reform ideas are suggested with full
cognisance of their political feasibility
and analytic soundness.
January 21, 2006. |
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