Increased globalization over the last twenty years has made effective global economic governance more important than ever. This period has witnessed the rise of a number of new international governance actors, such as the Group of Twenty and the Financial Stability Board. This Article proposes a...

In this paper I argue that middle powers that are members of the G20 can extract substantial benefit from their participation in the G20 if they have both a clear long term vision of global economic governance and a plan of action that is based on obtainable short term objectives. In the article...

It is a rare privilege for an academic who has specialized in international economic institutions to get a chance to put what he researched into practice. I had this privilege when I became the first head of the South African Reserve Bank's (SARB) new International Economic Relations and Policy...

This is the material for a 4-part on-line course on global financial governance offered by the United Nations Institute for Training and Research (UNITAR). The course, which is offered over 4 weeks, is designed to help participants understand international financial governance and the challenges...

This paper is a comparative study of the independent inspection mechanisms in international financial institutions. These mechanisms, which are an important development in the accountability of international organizations, allow private complainants who believe that they have been harmed or...

Globalization and information and communication technologies pushed national financial regulators to establish international standard setting bodies (SSBs) which promote non-binding international financial regulatory standards. However, finance inevitably has social and human rights impacts and...

More than 25 years ago the multilateral development banks (MDBs) began establishing independent accountability mechanisms (IAMs), such as the World Bank's Inspection Panel, to address concerns about MDB accountability to those communities and groups who were harmed by their decisions and...

There is a need for the countries of Southern Africa to invest in building infrastructure, for which purpose they can be expected to utilise the services of multilateral development banks (MDBs). MDB-funded infrastructure projects often become arenas for debate over the roles and...