CONFERENCE IN MEMORY OF TOMMASO PADOA-SCHIOPPA
THE REFORM OF THE INTERNATIONAL MONETARY SYSTEM
"Tommaso Padoa-Schioppa initially developed his views on economic and monetary relations among countries mainly in the context of his thinking on European integration, but he always drew important insights from the analogies and differences between the policy issues arising in the European and in the global context. He also felt that Europe, having an important stake in global stability, could and should contribute actively to more effective global governance. Particularly in the last years, with the global financial crisis, he was increasingly emphatic in advocating a profound reform of international monetary arrangements... "