Notice of RetractionInternational efforts to maintain international financial stability

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The recent subprime financial crisis forces both national countries and international financial organizations to rethink the issue of how to maintain international financial stability. This paper examines the international efforts which have been made to maintain the financial stability and those which have yet not been made. In our view, in a growing globalized and liberalized economy and financial market, a more practical way to maintain international financial stability is to classify the diverse nations and their financial systems to several relatively broader categories and make different standards and regulation guidelines than an uniform international standards and codes.