The IMF's mid-life crisis

Ilene Grabel

Many Triple Crisis bloggers have been examining the effects of the global financial crisis on decision makers at the IMF, particularly as concerns the policy space of developing countries. In these two interviews, Triple Crisis blogger Ilene Grabel considers the effect of the crisis on the economics profession and, in particular, on the policy advice proffered to developing countries by the IMF during the current financial crisis. Ilene focuses on whether the crisis has created more space for developing countries to implement capital controls, and she also discusses the draft proposals for taxing the financial sector that the IMF has presented to the G20 for consideration at its June meeting in Toronto.

The IMF’s mid-life crisis

Ilene Grabel

Many Triple Crisis bloggers have been examining the effects of the global financial crisis on decision makers at the IMF, particularly as concerns the policy space of developing countries. In these two interviews, Triple Crisis blogger Ilene Grabel considers the effect of the crisis on the economics profession and, in particular, on the policy advice proffered to developing countries by the IMF during the current financial crisis. Ilene focuses on whether the crisis has created more space for developing countries to implement capital controls, and she also discusses the draft proposals for taxing the financial sector that the IMF has presented to the G20 for consideration at its June meeting in Toronto.

Global Environmental Governance: Lessons in Herding Cats for Rio+20 Negotiators

Adil Najam

The first PrepCom negotiations for the 2012 United Nations Conference on Sustainable Development (popularly being called EarthSummit 2012 or Rio+20) began in New York at the United Nations on Monday and will end on Wednesday. One of the two themes for Rio+20 is institutional frameworks. I have already argued here that Rio+20 needs to shift the focus towards global governance for sustainable development. In order to do so, however, Rio+20 will also need to understand how we got to where we are in terms of global environmental governance.

In this video (made for the International Institute for Sustainable Development in 2008) I highlight the lessons of some of my earlier research on global environmental governance (GEG). I suggest that (a) GEG is like herding cats and if you want to herd cats you need to be nice to them; (b) the evolution of GEG is, in fact, a good story – it is not the story of a system that failed, it is the story of a system that has outgrown its design; and (c) better global environmental governance will necessarily require a redefinition of what we mean by “global environmental governance.”

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Stop Gambling on Hunger

Jayati Ghosh

The US Senate is currently debating an important financial reform bill that has the potential to rein in excessive speculation in commodities.  That speculation drives up the price of food all around the world, and helped contribute to the food crisis in 2008.  Some Wall Street lobbyists are working to weaken the bill, but its important for global food security that they aren’t successful.  To learn more visit StopGamblingonHunger.com and watch my videos on the subject:

Lessons from NAFTA: Interview with Gallagher and Wise

Kevin Gallagher and Timothy A. Wise were interviewed in March 2010 about two recent reports they helped co-author on the impacts of the North American Free Trade Agreement (NAFTA) on Mexico and the reforms needed to ensure that U.S. trade agreements have a positive impact on its developing country trading partners. In a Policy Outlook paper with the Carnegie Endowment’s Eduardo Zepeda, they offer a detailed look at Mexico’s poor economic performance under the “NAFTA model.”  In a Task Force Report with other NAFTA experts assembled by Boston University’s Pardee Center, they detail the needed reforms to current and future trade agreements in the areas of manufacturing, agriculture, services, intellectual property, investment, labor, environment, and migration.  In this interview at the Pardee Center, they outline the main findings of the reports, with a particular emphasis on NAFTA’s controversial investment chapter (one of Gallagher’s ongoing research areas) and the impacts on agriculture (Wise’s specialty). The work is based on ten years of research by the Global Development and Environment Institute on the Lessons from NAFTA.

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May 10, 2010 | Posted in: Videos | Comments Closed