Thursday, October 23, 2014
  1. The TPP’s Missing Ingredient

    Simon Johnson

    The TPP’s Missing Ingredient

    2

     says that Trans-Pacific Partnership needs a clause prohibiting currency manipulation.

    dollar currency manipulation Eric Gjerde/Flickr

    The typical approach when seeking to finalize an agreement aimed at reducing trade barriers is to ask for less, not more, from those on the other side of the table. But the Trans-Pacific Partnership is different: It will work only if the US insists that participating countries do not engage in currency manipulation. READ MORE

  2. Brazil’s Institutional Limbo

    Camila Villard Duran

    Brazil’s Institutional Limbo

    1

     says that Brazil's Central Bank needs reform, but neither presidential candidate has a credible plan.

    Brazilian Flag Adrien Sifre/Flickr

    Brazil's presidential election will determine the future of the central bank – and therefore the country's macroeconomic trajectory. The 50-year old institution is ripe for reform, but neither candidate seems ready to give it the independence it needs, or to ensure that it is truly accountable to citizens. READ MORE

  3. The Spider of Finance

    Howard Davies

    The Spider of Finance

    4

     assesses the performance of the Financial Stability Board after five years.

    Spider web Kurtxio/Flickr

    The Financial Stability Board has now been in operation for five years. Though no international audit of its performance has been undertaken, a fair verdict would be that the FSB has done no more and no less than what its political masters have been prepared to allow it to do. READ MORE

  4. Dirty Development Money

    Bjørn Lomborg

    Dirty Development Money

    7

     explains why the post-2015 development agenda should focus on curbing illicit financial flows.

    dirty development money TaxRebate.org.uk/Flickr

    One of the biggest problems affecting the world’s poor is one that few have ever heard about: illicit financial flows. With the world preparing to establish the specific targets that will guide global development efforts for the next 15 years, the time to change that is now. READ MORE

  5. Are Services the New Manufactures?

    Dani Rodrik

Focal Point

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233 pages
233 pages

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