The rise of huge quasi-banks that are too big to fail caused the financial crisis, according to Ravi Jagannathan and John Boyd, and they propose a cure.

The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known by the 2000’s although no relevant steps backwards were taken. This paper analyses...

Aaron Edlin recommends starting the rescue with containment --- unlimited deposit insurance and continuous access to funds --- and then moving to a well thought out plan to quash the financial flames.

Joseph Stiglitz discusses flaws in the modified Paulson bailout plan and some elements of what should be done, either instead or in addition.

Paulson proposes a top-down solution to the financial crisis by government purchase of bad loans from the lenders to "clean" their balance sheets. But, Barton suggests, a bottom-up solution would be a subsidy to borrowers to ensure full payments, restoring the value of the "toxic assets,"...

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting in collapsing investment not just in developed nations but also in Shanghai, Rio and Mumbai, and...

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is looked at to see how they use their fiscal space. [CSH].

Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].