Tag archive for ‘IMF’
The Eurozone Problem – Learning from Africa
In the debate about Greece and the Eurozone analogies have been drawn with various other currency unions, but the most significant has gone unnoticed. The Franc Zone has been linked to the European currencies for over sixty years. The relationship between the French Treasury and the governments of Francophone Africa displays many of the structural [...]
Assessment System Required to Ensure Aid Makes a Real Difference
How should aid be provided? Aid appears to be at its best when it is designated to finance beneficial projects. If aid finances a school or a health clinic then surely it is useful. Unfortunately, this is often an illusion for the simple reason that such projects may well have been undertaken by the government [...]
The changing Face of Global Governance: between past Strategic Failure and Future Economic Constraints
Until recently, the West has, by and large, determined the rules of the game on the global stage. During the last century, western countries presided over a shift in world power – from control via territory to control via the creation of governance structures created in the post-1945 era. From the United Nations Charter and [...]
Credit’s due where it’s due
After writing back in September (see here) at my disappointment that Labour had failed to support Adair Turner’s call for a Tobin tax, I was delighted to see Gordon Brown endorse the idea at this weekend’s G20 summit in St. Andrews.
The UK Prime Minister called for “a better economic and social contract between financial institutions [...]