L6_The Global Trade Regime_1.pptVIP

The Global Monetary Regime Key Features of Global Finance (1) states are still the key actors in global finance; there are various multilateral institutions or groups involved in governing global finance (e.g. the IMF, G10, the G7, the Paris Club, the Bank of International Settlements etc); dealings in foreign exchange amount to over $ 1.6 trillion a day; cross border bank deposits now total over $10 trillion. Key Features of Global Finance (2) most countries have removed or relaxed restrictions on foreign exchange movements and capital controls; several curr