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The overarching
theme of this paper is that some parts
of the international system have become,
under globalisation, rather obsolete and
some times mutually inconsistent. The
system has shown itself incapable of anticipating
or preventing financial crisis in a global
economy and there is a glaring asymmetry
in the treatment of source and recipient
countries. Alternatives and reform ideas
are suggested with full cognisance of
their political feasibility and analytic
soundness.
January 21, 2006. |
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