The need to reform the present economic order based on the Washington Consensus and establish economic justice in the world is more and more admitted as an urgent priority by both the UN organizations and the civil society. Such transformation of the international economic order requires the creation of a new monetary order at the center of which stands the creation of a new world currency. That currency should be instrumental in the creation of a stable international would not be limited to compensating the excesses of the present economic order dominated by financial forces, but to be fully part of a new economic pattern that would endeavor first and foremost to implement the universal Human Rights in their economic dimensions.