Friday, 28 February 2014
In a repeated, premature rush to declare the crisis over, the world is serially misreading the distinctions between short-run and long-run economic imperatives," writes CIGI Senior Fellow Brett House, in a paper Commissioned by the Canadian Security Intelligence Service (CSIS).
Saturday, 15 February 2014
Domenico Lombardi, Director of CIGI's Global Economy Program, argues that such issues such as green growth, income inequality and gender inclusion are not central to the IMF's mandate to protect financial stability. Instead, Lombardi says these issues sit more comfortably with the aid and development role of the Fund's sister organization, the World Bank
Saturday, 25 January 2014
Domenico Lombardi, Director of CIGI's Global Economy Program, comments on the US Congress decision not to approve funds that world enable the 2010 IMF reform package (NOTE: This article is only available in German.).
Monday, 20 January 2014
CIGI is pleased to announce the appointment of Miranda Xafa as a CIGI Senior Fellow, effective immediately. At CIGI, Ms. Xafa’s research will focus on sovereign debt crises and drawing lessons from the Greek debt restructuring.
CIGI experts present research on sovereign debt crises to International Monetary Fund’s executive board
Thursday, 16 January 2014
Experts from CIGI's Global Economy program today presented their latest research, on addressing sovereign debt crises, to members of the executive board of the International Monetary Fund (IMF) and its senior research staff.
Wednesday, 15 January 2014
"The delay has clearly ‘broken’ the implicit contract underpinning the G20 spirit or contract whereby advanced economies would support a greater voice for emerging economies in global governance arrangements and the latter would take more responsibility as full-fledged stakeholders of the global economy,” says Domenico Lombardi, Director of CIGI's Global Economy program, commenting on a US budget package that left out funds for the IMF.
Friday, 3 January 2014
From time to time, calls are made for a “new” Bretton Woods, including in the dark days of late 2008, when the global economy was thought be perched perilously on the precipice of an economic abyss. At the time, it wasn’t entirely clear to me what, exactly, was being proposed. In the event, the crisis response mobilized by the G20 in late 2008 and early 2009 succeeded in stopping the economic dégringolade and, seemingly, refuted Hegel. But, while the global economy was stabilized by 2010, for most major advanced economics, the subsequent recovery has been tepid. As Brad DeLong estimates, absent measures to restore U.S. growth to its pre-crisis rate, the potential output lost as a result of the “Great Stagnation” could well exceed that of the Great Depression.
Tuesday, 24 December 2013
"What we saw in Europe after World War II was that economic integration can solve political challenges," says Domenico Lombardi, Director of CIGI's Global Economy Program, commenting on his visit to North Korea as member of a G20 delegation."That might be the lesson Korea can draw."
Thursday, 19 December 2013
"This is the first step of what a more open North Korea would be one day," says Domenico Lombardi, Director of CIGI's Global Economy Program, during a historic visit by G20 conference delegates, to the Kaesong industrial complex in North Korea.
UN’s climate change negotiation process in need of ‘radical re-think’ after 20 years of limited action, says CIGI report
Wednesday, 18 December 2013
The United Nations climate change negotiation process is in need of “a radical re-think,” to avoid future generations paying a heavy price for failure and inaction, according to a new policy brief from The Centre for International Governance Innovation (CIGI).