Posts Tagged: financial flows

The Bank's management tried to stifle an internal report that found that its funds are vulnerable to theft and diversion.

Fixing the IMF

World powers can't rely more on the International Monetary Fund to buffer the impact of the economic crisis on poor nations unless they fix many of the Fund's flaws first.
Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.

Economic and political elites are converging on Global Social Democracy as a solution to the current economic crisis. Columnist Walden Bello offers a timely critique of this new consensus.
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