Three Attributes of a Sustainable Open and Stable Global Order - 0 views
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Bill Fulkerson on 16 Oct 18A long-held view of mine-based on solid economic theory and much empirical evidence-is that a global monetary and financial system conducive to a stable global order has three attributes: (1) open capital markets, (2) flexible exchange rates between countries or blocs and (3) a predictable and transparent, or rules-based, monetary policy.