Summary overview of the recent development of the agenda of financial reform.
A cursory read of the FSB’s report on progress in the implementation of G20’s reform agenda indicates how vast the agenda has become. Agreement on the international agenda is being accompanied by measures implementing this agreement at national level and at the level of the EU. (more…)
Why The IMF And The International Monetary System Need More Than Cosmetic Reform.
This Research Paper argues that the G20 agenda misses some of the key issues that need to be dealt with in order to effectively reform the international monetary system so as to avert future global financial crises. The missing issues include enforceable exchange rate and adjustment obligations, orderly sovereign debt workout mechanisms and the reform of the international reserves system. (more…)
Some preliminary thoughts on new international economic cooperation.
The developed countries have acted as engines of economic growth in the world for nearly half a century; but they may not continue to have that role for long. With their negligible population growth and low level of GDP growth, they are unlikely to generate significant additional consumer demand. (more…)
South-South Cooperation Principles: An Essential Element in South-South Cooperation.
Developing countries today face the multiple interlinked financial, climate, and development crises. As the development gap between rich and poor countries grows and inequality deepens, never before has South-South cooperation at all levels been more essential at all levels and in all fields of international and domestic endeavour as developing countries seek, individually and (more…)
The Role of the United Nations in Global Economic Governance
Global economic policy issues are often addressed by specialized multilateral agencies in a fragmented, incoherent and inconsistent manner and often with failures in relation to certain areas of global policy – particularly in trade and finance – that have broader implications for the multilateral system as a whole. (more…)
Developing country perspectives on the role of the Development Cooperation Forum: building strategic approaches to enhancing multilateral development cooperation.
This Analytical Note follows up the study on stakeholder perspectives on the Development Cooperation Forum (DCF) prepared by the South Centre entitled “Reshaping the International Development Cooperation Architecture: Perspectives on a Strategic Development Role for the Development Cooperation Forum” (more…)
Reshaping the international development cooperation architecture: perspectives on strategic development role for the Development Cooperation Forum.
This Analytical Note presents the findings of a research project undertaken by the South Centre designed to gather insights and perspectives from various stakeholders – including developing country governments and civil society. (more…)
Mercosur’s experience and progress towards true regional integration.
This South Centre Analytical Note provides a background and discussion on the history of the Mercado Común del Sur – Mercosur’s regional economic and political cooperation and the insights it can provide to developing countries seeking to build greater integration in their region. (more…)
This Analytical Note evaluates how far the commitments contained in the 2002 Monterrey Consensus were fulfilled. It also examines the adequacy of the Monterrey Consensus as a framework for guiding international policy decisions and actions in current circumstances, (more…)
Unity in Diversity: Governance Adaptation in Multilateral Trade Institutions Through South-South Coalition-Building.
The experience of developing countries, individually and collectively, during the more recent period of globalization has only confirmed that developing countries need to be consistent and united in promoting their views and interests, and that to succeed it is also essential for them to join forces and pursue group action in most domains on the development agenda. (more…)
Analysis of the role of the South-South Cooperation to promote governance on intellectual property rights and development.
The international regime on IP rights is currently made up of a patchwork of laws and institutions at the bilateral, regional, and multilateral levels with a growing number of players. The TRIPS Agreement of the WTO forms the core instrument with critical influence on the role of international actors and the scope of national policy making. TRIPS aim at reducing the North-South tension on IP rights protection through a multilateral system as one of its objectives. (more…)
This South Centre Analytical Note discusses potential governance reforms in the World Bank’s governance structures, with an understanding that some reforms become more or less imperative depending on the direction of the discussions around the long-term strategic direction of the Bank. (more…)