Coordinating international exchange rates

Developing countries, in particular, are encouraged to adopt economic policies that result in realistic exchange rates.

This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.

1. Establishing global monetary system
2. Controlling flow of capital
3. Allowing regulated distribution rate

1. Fluctuating financial exchange mechanisms

1. Responding to global financial crisis
2. Liberalizing trade
3. Ensuring national economic policies support sustainable development
4. Controlling interest rates

1. Improving planning and management systems

1. Mismanagement of exchange rate system
2. Exchange rate volatility

1. Mismanagement