Title: Second Annual Developing Country Forum for Cooperation in International Tax Matters
Date: 25-27 April 2018
Venue: Yogyakarta, Indonesia
Organizers: The South Centre and the Ministry of Foreign Affairs of the Republic of Indonesia
Title: Revolution Required: G7 Policies and Their Implications for Global Stability and Growth
Date: Friday, 13 April 2018, 15H-18H
Venue: Room XXII, United Nations, Geneva
Organizer: The South Centre
Title: G-24 Technical Group Meeting
Date: 27-28 February 2018
Venue: Colombo, Sri Lanka
Organizer: Intergovernmental Group of Twenty Four
Playing with Financial Fire: A South Perspective on the International Financial System
Playing with Fire (PWF) is a continuation of the analysis of the integration of Emerging and Developing Economies (EDEs) into the international financial system which Yılmaz Akyüz has carried out in his roles as senior economist for many years responsible for UNCTAD’s Trade and Development Report and Chief Economist at the South Centre. The treatment covers cross-border financial flows, increased commercial presence of foreign financial institutions in EDEs and their increased participation in their local financial markets as well as policy and regulatory issues. PWF deploys data on major cross-border financial flows on a gross as well as a net basis. This innovative approach facilitates identification of financial stability issues posed by the increased participation of EDEs in international financial markets.
China’s Debt Problem and Rising Systemic Risks: Impact of the global financial crisis and structural problems
The fast expansion of China’s debt, in particular corporate and local government debt, has attracted international attention and has also become a major concern of China’s policy makers. Even though China can tolerate a higher debt level than many other emerging and developing economies owing to the sheer size and other special features of the Chinese economy, systemic risks for financial stability have been rising since the global financial crisis and the cushions built in the past decades to withstand a higher debt level have also been weakened. (more…)
South Centre Statement for the UNCTAD Intergovernmental Group of Experts on Financing for Development
Below is the statement by the South Centre during the first session of the UNCTAD Intergovernmental Group of Experts on Financing for Development (IGE Ffd) held in Geneva on 8-10 November 2017.
Title: “Another Crisis in the Making?” Book Launch of Dr. Yilmaz Akyuz’s Playing with Fire,
Deepened Financial Integration and Changing Vulnerabilities of the Global South
Date: Friday, 10 November 2017, 13h00-15h00
Venue: Room XXII, Palais des Nations, the United Nations Office in Geneva
Organizers: The South Centre
The Commodity-Finance Nexus: Twin Boom and Double Whammy
International commodity prices and capital inflows to developing countries are increasingly synchronized, subjecting commodity-dependent economies to double boom-bust cycles. (more…)
Input of the South Centre to the UNCTAD Intergovernmental Group of Experts on Financing for Development
This is a contribution by the South Centre to the first session of the UNCTAD Intergovernmental Group of Experts on Financing for Development (IGE-FFD) that will take place on 8-10 November 2017. (more…)
South Centre Statement to the Ministerial Meeting of the Group of 24
Below is the statement by the South Centre’s Executive Director Mr. Martin Khor which was distributed during the Ministerial Meeting of the Group of Twenty-four held in Washington DC on 12 October 2017.
Title: Advice and Dissent – Dr. Y.V. Reddy’s Life in Public Service
Date: Monday, 9 October 2017, 13:00-15:00H
Venue: Julius Nyerere Conference Room, The South Centre, Geneva
Organizers: The South Centre
The Financial Crisis and the Global South: Impact and Prospects
The world economy has not still recovered from the effects of the financial crisis that began almost a decade ago first in the US and then in Europe. Policy response to the crisis, the combination of fiscal restraint and ultra-easy monetary policy, has not only failed to bring about a robust recovery but has also aggravated systemic problems in the global economy, notably inequality and chronic demand gap, on the one hand, and financial fragility, on the other. It has generated strong destabilizing spillovers to the Global South. (more…)
