Another Bretton Woods Moment: Time for UN to Act

Cotton Made in Africa: A Field Report by Roger Peltzer

Our new website address:
www.wdev.eu

Home Mission Statement Subscriptions Sample Copies Services Blogs Background Links Archives

Volume 2010

Volume 2009

Volume 2008

Volume 2007

Volume 2006

Special Features

Special Reports

LOGIN

For subscribers only

My WDEV

Show shopping cart

Proceed to check-out

My account

Monitoring G8 Europe Global The New South UN Reform Global Finance Doha Final

Another Bretton Woods Moment: Time for UN to Act

Panel on global financial crisis in New York

The United States and the Bretton Woods institutions, the International Monetary Fund (IMF) and the World Bank, had failed to adequately address the international financial crisis. The only realistic way out of the global crisis was to proceed democratically, in an inclusive manner, and there was no better place to do that than in the framework of the United Nations. A panel held at the UN headquarters in New York on 30 October 2008 concluded that quick-fixes and half-measures behind closed doors were not enough. A WDEV summary of the event with Joseph Stiglitz and others

The panel has been convened by Miguel d’Escoto Brockman, President of the General Assembly who told a press conference that the current financial crisis presented opportunities for change. In particular, he spoke about the plans to form a high-level task force to review the global financial system. The composition of that body would be made public in the near future, and work was under way to formulate the terms of reference for that body ...

... this article comes up in Issue 6/Nov-Dec 2008 and is for subscribers only. For direct log in >>> click here. If you have no subscription >>> pick your option or >>>

... buy the article here >>>

Quantity: item

Add to My WDEV.

More on the subject:
>>> WDEV Dossier: The Global Crisis and the South

Towards A New Global Economic Compact / Inequalities in the Age of Financial Globalization

Top of page

Imprint General Terms and Conditions RSS Feeds Site Map

WDEV Recent Issues

Issue 3/May-Jun 2010
Minister Niebel's Leitmotiv: German Interests + Greece's Baltic Future + World Bank and Gender + Trade Union Rights
Issue 2/Mar-Apr 2010
Making the MDGs More Sustainable + Lisbon Treaty and EU Development Cooperation + Reconciling and Livestock Production? + The IMF's Green Fund
Issue 1/Jan-Feb 2010
The Superiority of the Financial Transaction Tax + Global Unemployment on Record Levels + New Beginning in European Development Policy? + Clean Development for the South
Issue 6/Nov-Dev 2009
Global Economic Prospects for 2010 + Does Copenhagen Really Matter? + Quo Vadis, German Development Cooperation? + Mapping Social Protection in South Asia
Issue 5/Sep-Oct 2009
A New Exchange-Rate Management + Dams and Corruption + World Bank Promotes Land Grab + ODA and Low Tax Countries
www.wdev.eu

WDEV Highlights

Pressure on Workers Grows as Crisis Hits Jobs
The ITUC's Annual Survey of Trade Union Rights has documented a dramatic increase in the number of trade unionists murdered in 2009, with 101 killings - an increase of 30% over the previous year. The new Survey also reveals growing pressure on fundamental workers' rights around the world as the impact of the global economic crisis on employment deepened.
Minister Niebel's Leitmotiv: "German Interests"
Barely in office, German development minister Dirk Niebel unambiguously mapped out the road: he wants to ensure that development cooperation once again focuses on German interests. This position provoked-probably intentionally-protest from the greater part of the German development community.
The Baltic Future of Greece
Latvia and Estonia show us what Greece may look forward to if it follows the advice it gets from the International Monetary Fund (IMF) and the European Union. As noted previously, Latvia has experienced the worst two-year economic downturn on record, losing more than 25% of GDP, a recent study shows.
Greece: A European Crisis Needs European Solutions
A group of economists has written an open letter to European policymakers criticising their collective failure to address the Greek crisis as a European crisis. It sets out the various causes of the Greek crisis, of which poor fiscal management by that country is only one, and points out the European dimension of the problems. It calls for decisive and coordinated policies by European and national actors to stem the crisis.
IEG Evaluated World Bank's Gender Support
The evaluation of the Independent Evaluation Group (IEG) of the World Bank's support for gender issues between 2002 and 2008 is of significant relevance in the light of the Beijing+15 review and the launching of gender mainstreaming as crucial strategy for all institutions and organizations.