Tuesday, October 21, 2014
  1. Brazil’s Institutional Limbo

    Camila Villard Duran

    Brazil’s Institutional Limbo

    0

     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

  2. 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

  3. Dirty Development Money

    Bjørn Lomborg

    Dirty Development Money

    6

     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

  4. Are Services the New Manufactures?

    Dani Rodrik
  5. The ECB’s Faulty Weapon

    Daniel Gros

    The ECB’s Faulty Weapon

    8

     warns that the eurozone's financial structure could cause quantitative easing to backfire.

    euro bills

    With inflation in the eurozone stubbornly remaining on a downward trajectory, pressure on the European Central Bank to do “something” to prevent outright deflation is growing. But, given the financial structure of eurozone countries, would the preferred "something" – quantitative easing – actually do the trick? READ MORE

Focal Point

More
233 pages
233 pages

Commentaries available in 12 Languages