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THIRD WORLD ECONOMICS

Issue No. 549 (16-31 Jul 2013)
Calls for global financial regulation put forward


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A new economic paradigm is essential for development
Speaking at a UN policy dialogue with international financial and trade institutions, former Dominican Republic President Leonel Fernandez stressed that regulation should be undertaken “globally, transparently and rapidly” to put finance at the service of innovation and development.
by Kanaga Raja

A new Bretton Woods to prevent future crises?
Averting future financial crises will require an overhaul of the current system based on deregulated capital markets, contends Supachai Panitchpakdi.

Europe’s youth count 10 times less than its banks?
Even as millions of young people across the continent struggle to find decent jobs, it is the banks which are being showered with European governments’ largesse.
by Roberto Savio

Subdued, below-potential global growth forecast
The world economy is expected to pick up gradually from the second half of this year, but significant risks and uncertainties remain which could yet derail this recovery, according to a UN economic outlook report.
by Kanaga Raja

TPPA affecting health policies?
The debate on the Trans-Pacific Partnership Agreement (TPPA) is part of the global discussion on how trade and investment treaties are affecting health, including access to medicines and tobacco control.
by Martin Khor

Further reflections from a reforming Indian central banker
The new book by Yaga Venugopal Reddy, former Governor of the Reserve Bank of India, has an honourable place in the explication of alternative ways of thinking coming from developing economies on financial regulation and governance.
Review by Andrew Cornford


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