Leaving the Nest: The Rise of Regional Financial Arrangements and the Future of Global Governance (Record no. 10634)
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| fixed length control field | 02075nab a2200193 4500 |
| 005 - DATE & TIME | |
| control field | 20200923111516.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 200917b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Kring , William N. |
| 245 ## - TITLE STATEMENT | |
| Title | Leaving the Nest: The Rise of Regional Financial Arrangements and the Future of Global Governance |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc | Wiley, |
| Date of publication, distribution, etc | 2019. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Pages | Vol.50, Issue 1, 2019:(72-95 p.) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This article examines the impact of regional financial arrangements (RFAs) on the global liquidity regime. It argues that the design of RFAs could potentially alter the global regime, whether by strengthening it and making it more coherent or by decentring the International Monetary Fund (IMF) and destabilizing it. To determine possible outcomes, this analysis deploys a ‘middle‐up’ approach that focuses on the institutional design of these RFAs. It first draws on the rational design of institutions framework to identify the internal characteristics of RFAs that are most relevant to their capabilities and capacities. It then applies these insights to the interactions of RFAs with the IMF, building on Aggarwal's (1998) concept of ‘nested’ versus ‘parallel’ institutions, to create an analytical lens through which to assess the nature and sustainability of nested linkages. Through an analysis of the Chiang Mai Initiative Multilateralization (CMIM) and the Latin American Reserve Fund (FLAR), the article demonstrates the usefulness of this lens. It concludes by considering three circumstances in which fault lines created by these RFAs’ institutional design could be activated, permitting an institution to ‘leave the nest’, including changing intentions of principals, creation of parallel capabilities and facilities, and failure of the global regime to address regional needs in a crisis. |
| 700 ## - Added Entry Personal Name | |
| Added Entry Personal Name | Grimes, William W. |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 8737 |
| Host Itemnumber | 15395 |
| Place, publisher, and date of publication | West Sussex John Wiley & Sons Ltd. 1970 |
| Title | Development and change |
| International Standard Serial Number | 0012-155X |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | https://doi.org/10.1111/dech.12471 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Articles |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| -- | 30340 |
| 700 ## - Added Entry Personal Name | |
| -- | 30363 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
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