Chair of Ethics and Financial Norms
Université Paris 1 Panthéon Sorbonne – King Abdulaziz University

2nd Seminar : Towards a Sovereign Monetary System
Wednesday 16 September, 2015 (03 Dhu Al-Hijjah, 1436)

 

This paper aims at exploring the underlying features and outlines of a ‘Sovereign Monetary System’; a monetary reform agenda that is gaining considerable attention from different circles in different places in the economies of the advanced World. What are the bases and rationales of such a quest? What are its implications and consequences? Is it feasible and plausible? What are the likely benefits and/or costs that might be associated with its implementation? These are, but few queries that this investigation tries to unveil based on historical and current development of the monetary reform agenda and on the present shape of the modern monetary and financial system.