finance – Global Social Justice

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For a new International Financial Architecture

The international financial architecture is in urgent need of reform. In the words of UN Secretary-General António Guterres, it is “outdated, dysfunctional and unjust”. The main institutions were created 80 years ago in a transatlantic agreement, at a time when many of the world’s nation-states of today were still colonies. Moreover, the institutions have failed in their mission to prevent and mitigate crises and to mobilize sufficient financing for internationally agreed development goals.

Reimagining the International Financial Architecture | Global Policy Forum

Western Finance Ruins Economies

19 November 2024 / Francine / 0 Comments

Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing countries now struggle with contractionary Western monetary policies.

Western Finance Ruining Economies of the Rest | Inter Press Service

Enter Big Money, Stage Right

8 August 2024 / Francine / 0 Comments

How the crypto industry shapes democracy … worse than mafia practices of the past

Enter Big Money, Stage Right – The American Prospect

Financing the Common Good

16 June 2023 / Francine / 0 Comments

The International Monetary Fund (IMF) and the World Bank recently held their annual spring meetings, which, according to the organisers, produced a “strong message of confidence and a willingness to cooperate.” But lofty rhetoric and good intentions will not be enough to create a truly inclusive and sustainable economy fit for the twenty-first century. For that, deep structural change is needed.

Article by Mariana Mazzucati

Financing the Common Good

7 May 2023 / Francine / 0 Comments

Mariana Mazzucato:

The UN has warned that ‘humanity’s very survival’ is threatened. Radical reform of international finance is required.

Financing the common good (socialeurope.eu)

Today’s Wall Street Oblivion Worse than it was in 2008

28 February 2023 / Francine / 0 Comments

The years leading up to the stock market crash in December 2008 were a classic example of an economic disaster that never should have happened. A minority of financial experts had cited obvious signs of a seriously weakening economy. Yet the leaders of our most prestigious financial institutions, and the government agencies that were supposed to regulate them, were oblivious to the dangers.

Read the article

2023: A more just world is still possible

22 January 2023 / Francine / 0 Comments

Eurodad Director Jean Saldanha looks forward to the challenges and solutions in 2023.

2023: A more just world is still possible – Eurodad

Needed Global Financial Reforms Foregone Yet Again

22 December 2022 / Francine / 0 Comments

Once crises subside, calls for more regulation, intervention and reform quickly evaporate as the government is told to withdraw. New financial opportunities are touted, instead of needed reforms.

Read the article by Jomo Kwame Sundaram

Tag: finance

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