The international community’s commitment to halve global poverty by 2015 has been enshrined in the first Millennium Development Goal. How global poverty is measured is a critical element in assessing progress towards this goal, and different researchers have presented widely-varying estimates. Topics covered include the controversies surrounding the definition of Read more…
This book explores how the financial system should be regulated and structured to achieve the twin goals of inclusive growth and financial stability, with a focus on African low-income countries (LICs).
Providing guidance for those who intend to take up reform, this book assesses the relative merits of various debt-restructuring proposals, especially in relation to the main deficiencies of the current nonsystem. With contributions by leading academics and practitioners, the volume reflects the overwhelming consensus among specialists on the need to find workable solutions.
The economic crisis has resulted in renewed attention to the creation of a new global reserve system. Some of the reasons should be obvious. At least since the beginning of the century, the dollar has no longer seemed a good store of value; its value has been volatile and apparently subject to secular decline. But the crisis has further undermined confidence in the U.S. economy and its management, and thus the dollar as a reserve currency
Finance and its reform now lie at the center of American and world attention. Yet the debate that has taken place about the reform of finance, at home as well as abroad, has been extraordinarily narrow. I argue here that its central defect has been to remain within the limits of attempts to regulate finance rather than to reshape it
The present financial crisis has led to massive bail-outs and very costly public recapitalizations of many financial institutions in those affected countries. The crisis threatens to lead to an unacceptably serious recession in developed countries and a massive slowdown globally.
In the wake of the 2007-2008 financial crisis—the worst crisis in a generation—the effectiveness of regulation of international finance has been called into question.
“The Resolution of Debt Crises: The Policy and Research Agenda”, was a one day seminar organized by UNCTAD and IPD, held February 11, 2011 at Columbia University in New York City.
In this policy brief, the authors argue the EU should be ambitious, building on the effective V-FLEX scheme, and reform its shock facilities to include resilience and resilience building.
Dr. Stephany Griffith-Jones contributed a policy paper on financial transaction taxes to Fabian Society’s recently published book, The Great Rebalancing. The paper advocates for the implementation of a financial transaction tax in the United Kingdom and discusses the benefits of such a tax in Europe.