Global Crisis

The Lingering Global Crisis and the New Poor

Marcelo Giugale | Posted 04.29.2012

Marcelo Giugale

The lingering global crisis is forcing us to rethink the objectives and the tools of social policy. Past meltdowns in Asia, Eastern Europe and Latin-America provide us with some good hints on what to expect and how to respond.

Seeking Stability in an Unstable World

Richard Attias | Posted 01.14.2012

Richard Attias

"In this connected world, we are all in the same boat. If part of the boat has a hole in it you cannot say afloat." The words of the chief executive of Hong Kong SAR, Donald Tsang, spoken at the APEC CEO Summit, could be said to embody the preoccupations of APEC as a whole.

Design For The Developing World

ARTINFO | Posted 12.26.2011

ARTINFO

The thought of architecture and design in the context of cities typically evokes images of chic monuments amidst grand metropolises; the Chrysler Buil...

The Euro Crisis Is Serious but Not Lethal

Georges Ugeux | Posted 11.29.2011

Georges Ugeux

The solution is in Europe, not in Washington or Beijing. Europe cannot continue to act irresponsibly and must assume its responsibilities to avoid a global crisis.

What I Learnt in Rio: Discussing Ways to Manage Capital Flows

Olivier Blanchard | Posted 08.03.2011

Olivier Blanchard

Governments have five tools to adjust to capital flows: monetary policy, fiscal policy, foreign exchange intervention, prudential tools, and capital controls. The challenge is to find, for each case, the right combination.

The International Community Must Intervene -- in Japan

Jacques Attali | Posted 05.30.2011

Jacques Attali

Like the American financial institutions that spawned the subprime mortgage crisis, Japan's nuclear crisis is largely the result of forsaking prudence for profits.

2011: The Year of Living Dangerously?

Robert Walker | Posted 05.25.2011

Robert Walker

Every year is fraught with unpredictable hazards, but, more than any year in recent memory, 2011 features a large number of recognizable threats that could precipitate a larger global crisis.

Macro-Prudential Policies: Putting the 'Big Picture' into Financial Sector Regulation

John Lipsky | Posted 05.25.2011

John Lipsky

The devastating impact of the global financial crisis created a consensus that pre-crisis financial regulation didn't take the "big picture" of the sy...

G-20 Thugs Attack Financial Injustice

Diane Francis | Posted 05.25.2011

Diane Francis

I'm not condoning street violence but it will be helpful if political leaders understand that economic ruination by others is also a violent act.

World Social Forum: Financial Crisis Is Opportunity For "Another World"

Inter Press Service | Mario Osava | Posted 05.25.2011

A World Social Forum (WSF) revitalised by a global crisis that has awakened new interest in the proposition that "another world is possible" - now per...

As Well As Can Be Expected

David Horton | Posted 11.17.2011

David Horton

On New Years Day, we think that we have got rid of all the things that made 2008 a bad year, and 2009, just like a new born baby, has endless potential for good, for refreshing the human spirit.

America: Get Your Financial Act Together

Diane Francis | Posted 05.25.2011

Diane Francis

It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.

World Needs Global Financial and Securities Bodies

Diane Francis | Posted 05.25.2011

Diane Francis

The world economy nearly failed and a global effort by governments and central banks has pulled the system back from the proverbial brink. That's why only a global solution going forward will save the day.

America's Blown it, Bring in a Global System

Diane Francis | Posted 05.25.2011

Diane Francis

The world is very nervous because America's political rigamordis means that 25% of the global GDP cannot be repaired or even managed.