In recent years, especially since the start of the first global crisis of the new millennium, reforming the governance of global finance, particularly the Bretton Woods institutions, has attracted increasing attention from analysts and policymakers involved in international financial issues.
The Report of the Manuel Committee on IMF Governance Reform: What’s good, what’s less good, and what’s missing?
Biagio Bossone, 21 April 2009
The developing countries and the G20
Kemal Derviş, 19 March 2009
The larger “leaders table” of the G20+ should be welcomed. The emerging country leaders that will be sitting around the table in London will be in a (slight) majority.
Debating global financial governance on Vox: Where do we stand?
Biagio Bossone, 18 February 2009
As the G20’s April summit approaches, the debate on reform options needs to focus on the key issues that will be before the national leaders.
Reforming the IMF
John Williamson, 14 February 2009
It is widely recognized that many of the small economies of the world do not possess the resources to expand demand in order to limit their contraction of output in the face of the adverse gales now blowing. Over sixty years ago the world created an institution (the IMF) intended inter alia to help them act against cyclical downturns.
The G20 and international financial institution reform: Unfinished IMF reform
Edwin M. Truman, 28 January 2009
The central question for the leaders of the G20 countries in the run-up to their second meeting on April 2 in London is whether to reopen the meagre package of IMF reforms that was agreed a year ago. Their answer should be bold. They should reopen the prior package and commit to completing the unfinished business of IMF reform.
Can the G20 reform the international economic system?
Charles Wyplosz, 28 January 2009
The creation of the G20 reflects the bad instincts of politicians. A rushed decision to pretend that “we are in command”, with no ex ante substance, poor preparation, and conflicting aims, can the G20 do some good when it meets in April in London? The odds are clearly dark, but miracles sometimes happen. Here are a few ideas.
What the G20 should do on November 15th to fix the financial system
Barry Eichengreen, Richard Baldwin, 10 November 2008
Leaders of the G20 nations are meeting this weekend to discuss financial markets and the world economy. Announced just a few weeks ago, this summit is both very unprepared and very important. The world economy and world financial markets are in a delicate state.
- Distilling the macroeconomic news flowBeber, Brandt, Luisi
- Fiscal consolidation: At what speed?Blanchard, Leigh
- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Reichlin, Baldwin, 14 April 2013
CEPR Policy Research
- Political Credit Cycles: The Case of the Euro ZoneFernández-Villaverde, Garicano, Santos
- Winning by Losing: Incentive Incompatibility in Multiple QualifiersDagaev, Sonin
- Income and schoolingBrückner, Gradstein
- Monetary Policy and Rational Asset Price BubblesGalí
- Does Supporting Passenger Railways Reduce Road Traffic Externalities?Lalive, Luechinger, Schmutzler