This article analyzes from a strategic approach the relationship between South America and China, focusing on the current reform process in the largest Asian economy and its possible impacts on South American countries. It discusses the many changes that the Chinese economy has gone through in recent decades and also Read more…
The Trans-Pacific Partnership Agreement (TPPA) involves twelve Pacific Rim economies of varying sizes and structures. Although often portrayed as a free trade agreement, the TPPA can, at best, be expected to deliver paltry overall growth gains from trade liberalization. The much higher figures touted by TPPA advocates are largely due Read more…
This working paper: (i) examines historical and projected government expenditure trends for 189 countries; (ii) reviews the latest IMF country reports for countries to identify the main channels used by governments to adjust expenditures; (iii) discusses the negative social impacts of austerity measures; (iv) presents the renewed Washington Consensus advised Read more…
This paper warns of an emerging post-pandemic fiscal austerity shock—one that is far more premature and severe than the one that followed the global financial crisis—and presents alternative options to ensure that populations do not yet again have to suffer austerity cuts. It does so by: (i) examining IMF government Read more…
This global report alerts of the dangers of a post-pandemic austerity shock, far more premature and severe than the one that followed the global financial crisis. Instead of harmful austerity measures (or “fiscal consolidation”), governments must urgently identify alternative financing options to support their populations that are coping with multiple Read more…
The Global Social Justice Program aims to generate debate on the distributional impacts – the winners and losers – of current policies and to provide alternatives based on the rights of all peoples to benefit from economic and social progress. The world’s extreme inequalities should make us question the current development models, which have accrued mostly to the wealthiest.
The Program aims to evidence how economic decisions affect all citizens but are often taken without adequately looking at their social impacts, therefore benefitting the better-off and perpetuating inequality patterns. The Global Social Justice Program presents alternatives to maximize the public interest and reduce inequalities, both at the national and global levels.
The Governance of Globalization Task Force seeks to differentiate topical ideas based on solid theory and evidence from views based on narrow interests and ideology. Within national economies there is widespread recognition of the need for governments to assume a role in the economy, e.g. in the supervision of financial institutions.
It is widely recognized that the objectives and means by which intellectual property regulations are established will determine, in part, whether poor countries are able to close existing knowledge, technology, and healthcare gaps in a manner consistent with the Millennium Development Goals. There is a real need to create an academic and non-ideological discussion and literature on IPR so that participants in the global debate can proceed with the best possible information. IPD has established the Intellectual Property Task Force to fill this space and to help inform the international community in what is already a contentious and enormously important dialogue.
The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The IMF is governed by and accountable to its member countries.
No public policy issue is of more importance than the structure and level of taxes. Developing countries face a specific set of challenges in trying to design a successful tax system, and there is no reason to believe that the patterns and policies that are effective in the U.S. or in Western European countries will carry over. The Task Force finds theoretical or empirical evidence on how changes in policy such as tax rates, important tax provisions (e.g. introducing tax holidays), tariffs, tax administration, and financial regulations impact development.