Monetary, financial and banking disorders and their consequences for the real economy and society taken as a whole are today at the center of economic debate. In the aftermath of the financial crisis that broke out in 2007, the questions are plentiful: should control be restored over capital flows or, going further, should there be a return to financial protectionism? Can the dollar remain the international reserve currency and should it be allowed to do so?
These questions call for a thorough consideration of the international monetary and financial system – its tools, objectives, regulations and economic and social utility – but also of the very nature of money and its functions: what is money? Should currencies adapted to scales of production and exchange (local currencies, international currencies) be conceived? Should currencies be adapted to the exchange of particular goods and services?
In order to contribute to this effort, IRE organizes events and presents analyses and studies on its site concerning the reform of the international monetary and financial system, currency and its various forms (carbon currencies, vector currencies, local currencies, international currencies), banking regulation and the relation between finance, financing and development.