Reforming Global Reserve System (Ocampo)

José Antonio Ocampo analyzes the basic deficiencies that the global reserve system exybits andits links with global imbalances in the Reforming the Global Reserve System. He concludes: “It must also emphasized that, despite the problems of representation that the IMF has, which must continued to be addressed, it is the only institution where all member developing countries have a voice, through their constituencies, on global macroeconomic policy issues”. See: http://www.obela.org/system/files/Global%20Reserve%20System (3) .pdf