Post Tagged with: "global economic governance"

BSG Faculty, Governance, cooperation and law

Who should lead international institutions?

Who should lead international institutions?

The United Nations is seeking a new secretary-general. The World Bank presidency is up for grabs. The World Health Organization needs a new head. The same goes for several other international organisations. At a time when conflicts of interest among the United States and its allies, together with the rise […]

by × 05 October 2016 ×

BSG Faculty, Economic growth and resilience

Brexit: Opportunity or peril for trade with small and poor developing economies?

Brexit: Opportunity or peril for trade with small and poor developing economies?

The UK is rethinking its position in global trade. In the wake of the UK’s EU referendum and the vote to “leave,” the government has created a new Department for International Trade and is busy re-deploying several hundred civil servants to staff it. Yes, after more than 40 years, trade […]

by × 27 July 2016 ×

BSG Faculty, Economic growth and resilience

Photo of Christine Lagarde by Adam Tinworth via Flickr

The global economy’s stealth resilience

Last week, Christine Lagarde, the International Monetary Fund’s managing director, warned that if countries do not act together, the global economy could be derailed. Likewise, the OECD has warned that countries must move “urgently” and “collectively” to boost global growth prospects. Yet the G-20 finance ministers and central-bank governors to whom these entreaties were directed […]

by × 03 March 2016 ×

BSG Faculty, Economic growth and resilience

The World Bank Main Complex Atrium. Image credit: Jaakko H

How to save the World Bank

The World Bank is quietly sliding into insignificance, as its core fee-paying clients increasingly seek other lenders. If it is to survive, its management will need to streamline its loan approval processes and leverage the unique assets that distinguish it from its competitors. The Bank once comfortably earned enough to […]

by × 12 January 2016 ×

BSG Faculty, Economic growth and resilience

The IMF’s euro crisis

The IMF’s euro crisis

Over the last few decades, the International Monetary Fund has learned six important lessons about how to manage government debt crises. In its response to the crisis in Greece, however, each of these lessons has been ignored. The Fund’s participation in the effort to rescue the eurozone may have raised […]

by × 27 July 2015 ×

BSG Faculty, Economic growth and resilience

Global institutions after the crisis

Global institutions after the crisis

When Lehman Brothers collapsed and the global financial crisis erupted five years ago, many glimpsed a silver lining: the promise of more effective global economic governance. But, despite a flurry of early initiatives, the world remains as far from that goal as ever. The Financial Stability Board (FSB), established after the G-20 […]

by × 06 September 2013 ×

BSG Faculty, Governance, cooperation and law

Gridlock: The Breakdown of Global Governance

Gridlock: The Breakdown of Global Governance

Many of the causes of contemporary gridlock stem in part from the previous successes of the multilateral order. The world has not been able to negotiate a new global trade deal for 19 years. After 21 years of climate talks, we have yet to find a way to meaningfully reduce […]

by × 28 May 2013 ×