This paper examines the implications of the global financial crisis of 2007-10 for reform of the global financial architecture, in particular the International Monetary Fund and the Financial Stability Board and their interaction. These two institutions are not fully comparable, but they must...

The IMF, with the Bank for International Settlements and the Financial Stability Board, has been at the forefront of discussions on reform of the global financial system to reduce the possibility of future crises, as well as to limit the consequences if they do occur. The policy choices are both...

Acknowledgements -- Preface -- It's not just the inequality stupid! -- Shylock unchained -- Shylock chained -- Troubles in capitalist paradise -- Merchants of Venice on Wall Street -- The final "pound of flesh