The financial crisis has prompted a discussion on the re-structuring of the world’s financial system.
The financial crisis has prompted a discussion on the re-structuring of the world’s financial system.
| October 26, 2025
read moreThe financial crisis has prompted a discussion on the re-structuring of the world’s financial system. World leaders from the G20 are making key decisions that will affect future development agendas. So have your say. Which policies can help emerging and developing countries solve their problems caused by the financial and economic crisis? What should a future international financial structure look like
This discussion started in 2009. A year later, the regulation of global flows of finance is as acutely relevant as ever, and it is for good reason that the issue features highly on the G20’s agenda. Should a system of financial transaction taxes be implemented worldwide (see also the Special Report in issue 22 of The Broker)? How can economic plans be peer-reviewed, and how can economic stimulus packages be constrained to prevent the further devaluation of currencies?
The West is sinking deeper and deeper into the financial morass. It tried to escape the swamp by having its institutions buying up one another’s debts. Over the last few years we saw governments saving banks and banks saving governments and ultima…
read more
Last week I had the opportunity to speak with Myriam Vander Stichele, a dedicated senior researcher at the Amsterdam-based Centre for Research on Multinational Corporations. She spoke about this week’s WTO Public Forum discussing “Seeking answers…
read more
Last Tuesday, a workshop in Brussels launched the new IDS Research Report, The Tobin Tax: a review of the evidence, which I co-authored with Grazia Pacillo. What I found remarkable about the Brussels gathering, was that the tone of the debate…
read more
Today, the Institute of Development Studies is launching the results of the first systematic review of the evidence relating to taxes on financial transactions. Financial Transaction Taxes (FTTs) have been in the media spotlight over the last few…
read more
First, take a minute to think about this: ‘a total collapse of our financial system and economy’ (Financial Inquiry Report conclusions page xvi)”. Imagine how the world would have looked like in case this risk had been fully materialized.As a West…
read more
This Thursday (24th of March 2011) the Financial Transaction Tax, known as the Robin Hood Tax, will be on the agenda when the European Council meet in Brussels. Oxfam commissioned YouGov for a poll which shows a clear majority of people in six Eur…
read more
Today the European Parliament voted to back a report calling for a Financial Transaction Tax (FTT) even on a unilateral basis to raise money for public goods, including development and climate change. The report was backed by MEPs from the whole p…
read more
The recent suicides by over 60 poor borrowers in the Indian state of Andhra Pradesh have brought the operations of microfinance institutions (MFIs) under public scrutiny. It is well documented by both print and electronic media that these debt-dri…
read more
A post by Dirk Willem te Velde on the UK’s Overseas Development Institute (ODI) blog analyzes the new development agenda that is being discussed by the G20. This is happening while high-pressure negotiations on economic stimulus plans are being co…
read more
A discussion on the gold standard has started on New York Times website, following an opinion piece by the World Bank director Robert Zoellick that suggested reinstating the importance of gold for the global economy. Unanimously, the academics par…
read more
