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In the wake of the global financial crisis, three G20 Summits have reinvigorated global cooperation, thrusting the International Monetary Fund centre-stage with approximately $1trillion of resources. With China, Brazil, India, Russia and other powerful emerging economies now at the table, is a...
Persistent link: https://www.econbiz.de/10003996624
The 2008 banking failures in the UK and the United States reshaped global economic governance. The aftershocks of the financial crisis exposed the need for global agencies which could rapidly allocate resources to prevent countries collapsing. Equally highlighted was the need for more inclusive...
Persistent link: https://www.econbiz.de/10010406796
This paper presents a short, analytical history of the G20 Leaders group. It examines the impact of the G20 on outcomes in international cooperation, and its impact on processes and institutions of global governance. The first part of the paper traces the trajectory of the G20 across its first...
Persistent link: https://www.econbiz.de/10008936567
Should aid be better coordinated? And if so, how? The case for aid coordination is a powerful one. As aid poured into Haiti in the wake of a massive earthquake in January 2010, television coverage around the world broadcast two different realities. One story was about well-organized aid-givers...
Persistent link: https://www.econbiz.de/10009581612
Aid for good governance is much in the news. Wealthy countries promised dramatically to increase aid to the world's poorest countries at the G8 meeting in Gleneagles in 2005, agreeing to double aid for Africa by 2010 and noted that according to the OECD, aid for all developing countries would...
Persistent link: https://www.econbiz.de/10011991196
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India survived near-crisis situations twice in the 1990s. What determined its ability to learn from the experience of a balance of payments crisis in 1991 to shield the economy from the pressures of the Asian financial crisis in 1997? By linking the two crises within a framework of external and...
Persistent link: https://www.econbiz.de/10012004247
Self-regulation by multinational corporations of social/ environmental impacts has been advocated as a solution to the regulatory capacity problems faced by developing states. Market pressures can provide incentives for firms to implement codes and standards, but rely on widely available...
Persistent link: https://www.econbiz.de/10012004256
The IMF is governed by a 24-member Executive Board, which represents 184 countries. Although often prized as a small and efficient decision-making body, the Board represents some countries more effectively than others. This is due to the institutional structure and incentives within which the...
Persistent link: https://www.econbiz.de/10012004259