Perspectives on Geopolitics, History, and Political Economy

Reforming the International Financial System

Reforming the International Financial System

Jul 13, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Jul 13 2017 (IPS) – When we fail to act on...

East Asia’s real lessons

East Asia’s real lessons

Jun 21, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Jun 21 2017 (IPS) – International recognition...

Why international financial crises?

Why international financial crises?

May 31, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Malaysia, May 31 2017 (IPS) – International...

The power of money: how the rich took hold of our monetary systems to make themselves richer

The power of money: how the rich took hold of our monetary systems to make themselves richer

May 7, 2017

This article first appeared on openDemocracy To wrest back control from private finance, to reclaim our “hollowed out democratic institutions,” we must begin with a public understanding of money. Book review. By David Beer The UK is feeling pretty divided at the moment, yet there is one thing that is likely to unite people across the political spectrum: a...

Housing Bubble Déjà Vu

Housing Bubble Déjà Vu

Mar 10, 2017

Commentary from Project Syndicate By Mark Roe CAMBRIDGE – The 2008-2009 financial crisis exposed a serious weakness in the global financial system’s architecture: an overnight market for mortgage-backed securities that could not handle the implosion of a housing bubble. Some nine years later, that weakness has not been addressed adequately. When the crisis...

The Financial Fire Next Time

Commentary from Project Syndicate By Simon Johnson WASHINGTON, DC – In early 2007, the worst financial crisis in almost 80 years began to unfold, coming to a head 18 months later with the collapse of Lehman Brothers and shock waves felt around the world. Desperate government measures saved us from Great Depression II, and officials vowed “never again” would we...

Caribbean Leaders Want Swifter Action on Climate Funding

Caribbean Leaders Want Swifter Action on Climate Funding

Mar 1, 2017

Global Geopolitics and Political Economy Net – IPS   By Desmond Brown ROSEAU, Dominica, Mar 1 2017 (IPS) – When Tropical Storm Erika hit the tiny Caribbean island of Dominica on Aug. 27, 2015, it killed more than two dozen people, left nearly 600 homeless and wreaked damages totaling more than a billion dollars. The storm dumped 15 inches of rain on...

Stemming Illicit Financial Outflows

Stemming Illicit Financial Outflows

Feb 28, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.   KUALA LUMPUR, Malaysia, Feb 28 2017 (IPS) –...

Making Crises Great Again

Making Crises Great Again

Feb 21, 2017

Commentary from Project Syndicate By Jeffrey Frankel CAMBRIDGE – Debates about financial regulation tend to focus on quantity, not quality. But “more versus less” isn’t so much the issue; the details are. And when it comes to financial reform in the United States, President Donald Trump is unlikely to get the details right. Earlier this month, Trump issued an...

Deutsche Bank Remains Trump’s Biggest Conflict of Interest Despite Settlements

Deutsche Bank Remains Trump’s Biggest Conflict of Interest Despite Settlements

Feb 10, 2017

by Jesse Eisinger ProPublica, Feb. 9, 2017, 10:16 a.m. If you measure President Donald Trump’s conflicts of interest by the amount of money at stake, or the variety of dicey interactions with government regulators, one dwarfs any other: his relationship with Deutsche Bank. In recent weeks, Deutsche Bank has scrambled to reach agreements with American...

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