Global Economic Governance
What the G20 can do about infrastructure
Infrastructure is now a standard item on the G20 agenda. Serious infrastructure shortages are ubiquitous. With global economic growth slow, ample construction capacity and…
Is the G20 getting serious about climate change?
The G20 does not have a great track record when it comes to climate change. This is a problem, because the group includes the world's main greenhouse gas emitters. G20 countries…
With Greece on the brink, has the IMF learnt its lesson?
With Greece once again teetering on the brink of default, a recent paper from the Centre for International Governance Innovation explores one episode in the amazing saga of how…
What to do about weak world growth
Forecasts prepared for the IMF's 'Spring Meeting' in Washington last week predict global growth of around 3.5% this year, about the same as in the last few years. This is not the …
New World Economic Outlook report is out
This week we've had the IMF and World Bank spring meetings.
Economic heavy-hitters from around the world descend on DC to attend committee meetings, seminars, briefings, and other…
Why a 'Google tax' is not the answer to corporate tax avoidance
Can tax laws keep up with globally operating businesses and constant technological change? This is a fundamental challenge confronting governments.
It is also the reason tax is…
Inclusive growth should not be the G20's game
In 2002 David Dollar and Art Kraay, both at the World Bank at the time, published an article in the Journal of Economic Growth called 'Growth is Good for the Poor'. Dollar and…
Why the AIIB should not be governed like the World Bank and IMF
What is best practice for the governance of the Chinese-initiated Asian Infrastructure and Investment Bank (AIIB)? Australia says this remains a major concern, even though it has…
China's reserve-currency ambition
In mid-2009, with American finance reeling from the Lehman Brothers collapse, the nation's Treasury Secretary addressed his prestigious alma mater Peking University. 'How safe are…
Is the Great Moderation over?
In what appeared to be a case of spectacularly bad timing, the Bank of England held a conference in September 2007 on 'sources of macroeconomic stability'.
You see, from the…