Home  Journals  Financial Analytics: Science and Experience  21(159) - 2013 June

Crisis of Jamaican currency system and its reasonable ways of reforming it

Available online: 5 June 2013

Subject Heading: GLOBAL CURRENCY SYSTEM

JEL Classification: 

In the article to main problems of Jamaican currency system and reasonable ways to reform the modern world's financial architecture are considered. The tendency of reducing U.S. dollar role in international transactions and impact of the phase of the economic cycle on the dynamics of the international markets and the exchange rate are analyzed. It is concluded that the most reasonable way to overcome the existing financial crisis is by increasing the abilities of supranational structures in the sphere of currency regulation.

Keywords: world monetary system, global currency, exchange control, financial crisis

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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