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Is it time for a 'true global currency'?

The International Monetary Fund’s global reserve asset, the Special Drawing Right, is one of the most underused instruments of multilateral cooperation. Turning it into a true global curr...

This is the role of exchange rates in economic development

The role of exchange rate policies in economic development is still largely debated. There are two central and interconnected issues regarding exchange rate policies in the macroeconomic ...

L’économie de la crise climatique

BOGOTA – Deux événements majeurs survenus la semaine dernière pèsent directement sur les débats internationaux autour du changement climatique et des moyens d’y faire face. Intervient tou...

Los capitales siguen llegando a América Latina

América Latina – y Sudamérica en particular – han estado en crisis por varios años. Sin embargo, los capitales extranjeros, tanto de inversión directa como financieros, continúan llegando...

Latin America’s economies are recovering. Or are they?

Across Latin America, there is a growing sense of anguish that is reminiscent of Michael Corleone’s lament in The Godfather III: “Just when I thought I was out, they pull me back in.” At ...

Cómo puede recuperarse Puerto Rico

La economía de Puerto Rico se ha venido contrayendo desde hace casi diez años -una de las peores recesiones en la historia reciente entre economías que no experimentan un conflicto intern...

Why the moment has come for special drawing rights

Why was international tax cooperation blocked?

国际税收和全球发展

Why we must reform global taxation to fund development

Why China should be cautious on capital flows

Why the world needs a new reserve currency

How the world lost trust in the dollar

What do falling commodity prices mean for the economy?