Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Designing the new architecture of international financial system in era
  of great changes by globalization   We present a broad agenda for meaningful banking regulation reform aiming the
creation of evolutive competitive environment to maximize the effectiveness of
international financial system through the introduction of fair competition
process among the banks in free market capitalism. We assume that the
international financial system may evolve or decline within the evolutive
competitive environment depending on both the environmental regulation policies
as well as the competition between the banks. We present the commonly known
definition of competition and apply the conceptual collateral thinking to
identify the source of competitive strengths of financial institutions in free
market capitalism. We explore how the banks conduct a search for competitive
strategies. We show that the root cause of crisis in finances is hidden in the
very wrong regulation policies and ideas behind these policies, which failed to
create the evolutive competitive environment for effective, profitable,
responsible and sustainable bank operation within existing international
financial system. We review a number of initiatives on meaningful banking
regulation reform proposed by central bankers from the G20 nations. We propose
to introduce the Random Tax and the Quantum Tax. We argue that the introduction
of the Random Tax and the Quantum Tax may compensate for the negative effects
commonly associated with the existing banking regulation limitations imposed on
the international financial system. We believe that the Random Tax and the
Quantum Tax will improve the evolutive competitive environment and make it
possible for the management teams at financial institutions to search for and
to execute the winning virtuous business strategies toward the effective,
profitable, responsible and sustainable banks operation.

18
The categories of this paper are: econ
23
The categories of this paper are: solv-int
35
The categories of this paper are: mtrl-th
4
The categories of this paper are: cond-mat
30
The categories of this paper are: q-alg
21
The categories of this paper are: adap-org
12
The categories of this paper are: nucl-th
26
The categories of this paper are: bayes-an
20
The categories of this paper are: acc-phys
0
The categories of this paper are: hep-ph
28
The categories of this paper are: alg-geom
1
The categories of this paper are: cs
3
The categories of this paper are: physics
32
The categories of this paper are: atom-ph
9
The categories of this paper are: nlin
22
The categories of this paper are: chao-dyn