This debate on the reform of the international monetary and financial system to achieve equitable and shared societies was a great opportunity to contribute to the current debate about the need for a new paradigm for the international financial and monetary system toward producing an agenda for equitable development and social cohesion.
After the conference organised during the Spring Meetings (April 2011), the focus this time has specifically been put on the need to formulate a new consensus which incorporates social elements as well as hard economic considerations, and the incorporation of social policy elements into the aspects of policy and performance that states are required to meet within the framework of the international monetary and financial system.
