Bans on short sellers may amplify market downturns rather than enhance stability, CIGI-sponsored researchers find
Tuesday, 16 April 2013
Bans on short selling do not contribute to enhancing financial stability and can even amplify positive feedback trading during periods of high volatility. These are the main findings on a new paper from The Centre for International Governance Innovation (CIGI).
Monday, 15 April 2013
Looking for expert commentary on the International Monetary Fund and World Bank Group Spring Meetings? The Centre for International Governance Innovation (CIGI) will have the following experts in Washington, D.C., from April 19 to 21, and available for media interviews:
Friday, 12 April 2013
The International Monetary Fund (IMF) and Financial Stability Board’s (FSB) need significantly improved coordination to effectively identify and flag potential crises in the global economy. This is the conclusion of new policy brief from The Centre for International Governance Innovation (CIGI) and the Balsillie School of International Affairs (BSIA).
Tuesday, 12 March 2013
The effects of the global financial crisis continue to be felt across a spectrum of issues five years later — the short-term outlook for global growth; the need for international cooperation; the strengthening of international financial regulation; financing sustainable development; and leadership in a turbulent world.
Tuesday, 12 February 2013
The failure of many observers to recognize the varied scale of the G20’s efforts — from macroeconomic rebalancing to ratification of the main anticorruption treaty — has made it harder for the G20 to gain credit for the valuable role it can play.
CIGI paper offers 17 recommendations for improved governance of international financial institutions
Friday, 8 February 2013
In a new CIGI paper, Distinguished Fellow Thomas A. Bernes warns that policy makers are in danger of missing an opportunity to rectify the long-standing weaknesses in international co-operation revealed by the current global financial and economic crisis.
Thursday, 7 February 2013
The current global financial and economic crisis resulted from the failure of major economies and global institutions to recognize and address, in a meaningful way, emerging fault lines in global financial markets and global institutions. The crisis brought to light long-standing weaknesses in the global system for economic and financial cooperation, providing opportunities for reform.
Tuesday, 29 January 2013
International policy makers need to break their systemic complacency toward financial crises and improve their understanding of real financial links in the global economy, says a new paper from CIGI Senior Fellow Pierre Siklos.
Monday, 26 November 2012
Mark Carney has accepted a position as the Governor of the Bank of England effective next July. The move had been rumoured in Financial Times in April this year, and many commentators had thought it was perhaps far- fetched, considering the fact that Mr. Carney is not a citizen of the UK or any other European country. Nevertheless, this is a boon for the Bank of England. Mark Carney is an unusual breed of central bankers.
Tuesday, 13 November 2012
A former candidate to lead the World Bank, Jose Antonio Ocampo, issued a public address at the CIGI Auditorium to set out his vision for a constituency-based global monetary system.