¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP

This paper addresses the experiences of the monetary and financial cooperation carried out within the framework of ALBA-TCP. The first part describes the context of global crisis and emerging multipolarity in which the debate on the reform of the International Financial Architecture (IFA) and regio...

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Main Authors: Benzi, D., Guayasamín, T., Vergara, M.
Format: Article
Language:English
Published: Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global 2016-05-01
Series:Revista Iberoamericana de Estudios de Desarrollo
Subjects:
Online Access:http://ried.unizar.es/index.php/revista/article/viewFile/193/90
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author Benzi, D.
Guayasamín, T.
Vergara, M.
author_facet Benzi, D.
Guayasamín, T.
Vergara, M.
author_sort Benzi, D.
collection DOAJ
description This paper addresses the experiences of the monetary and financial cooperation carried out within the framework of ALBA-TCP. The first part describes the context of global crisis and emerging multipolarity in which the debate on the reform of the International Financial Architecture (IFA) and regional monetary initiatives are inserted. The second part revises the Latin American initiative of a New Regional Financial Architecture. Later, we analyze the origins, processes and effects of mechanisms implemented within the ALBA-TCP, such as the ALBA Bank and the SUCRE. Finally, the essay concludes by presenting both potential and limitations of these experiences within a regional and global scenario marked by a high degree of uncertainty that, paradoxically so far, seems to delay and inhibit rather than consolidate the strengthening of a New Regional Financial Architecture.
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institution Kabale University
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publishDate 2016-05-01
publisher Universidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía Global
record_format Article
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spelling doaj-art-141b618abdf44e9a9d0f4e731c1e066d2025-02-03T10:07:17ZengUniversidad de Zaragoza, Cátedra de Solidaridad y Ciudadanía GlobalRevista Iberoamericana de Estudios de Desarrollo2254-20352254-20352016-05-01513261¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCPBenzi, D.Guayasamín, T.Vergara, M.This paper addresses the experiences of the monetary and financial cooperation carried out within the framework of ALBA-TCP. The first part describes the context of global crisis and emerging multipolarity in which the debate on the reform of the International Financial Architecture (IFA) and regional monetary initiatives are inserted. The second part revises the Latin American initiative of a New Regional Financial Architecture. Later, we analyze the origins, processes and effects of mechanisms implemented within the ALBA-TCP, such as the ALBA Bank and the SUCRE. Finally, the essay concludes by presenting both potential and limitations of these experiences within a regional and global scenario marked by a high degree of uncertainty that, paradoxically so far, seems to delay and inhibit rather than consolidate the strengthening of a New Regional Financial Architecture.http://ried.unizar.es/index.php/revista/article/viewFile/193/90financial crisisNAFRALBA BankSUCRE
spellingShingle Benzi, D.
Guayasamín, T.
Vergara, M.
¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
Revista Iberoamericana de Estudios de Desarrollo
financial crisis
NAFR
ALBA Bank
SUCRE
title ¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
title_full ¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
title_fullStr ¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
title_full_unstemmed ¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
title_short ¿Hacia una Nueva Arquitectura Financiera Regional? Problemas y perspectivas de la cooperación monetaria en el ALBA-TCP
title_sort hacia una nueva arquitectura financiera regional problemas y perspectivas de la cooperacion monetaria en el alba tcp
topic financial crisis
NAFR
ALBA Bank
SUCRE
url http://ried.unizar.es/index.php/revista/article/viewFile/193/90
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