Capital flows

Finance

News

UK government launches globalisation strategy

The UK white paper on globalization - endorsed by the entire UK Government - was published in December.

6 February 2001

Finance

News

Capital account liberalization and the poor

This report will consider the linkages between financial and capital account liberalization, the implications for governments’ choice of macroeconomic policies and the impacts on poor people.

26 October 2000

Finance

News

Taming Global Finance

Financial liberalisation has created volatility in financial markets, threatening the orderly running of national economies.

11 August 2000

Finance

News

Drowning By Numbers - Executive Summary

While the cost of using bilateral contributions to finance multilateral debt reduction is relatively high, this would not be the case if genuinely additional resources could be generated

14 June 2000

Finance

News

Controlling capital flows

A new report by UNCTAD, Capital Flows to Developing Countries and the Reform of the International Financial System, concludes that until ways can be found at the international level to limit financial instability then developing countries should maintain national control over capital flows.

15 April 2000

Finance

News

Global Gamblers

A new report from War on Want, The Global Gamblers, British Banks and the Foreign Exchange Game, finds that banks profit substantially from trading foreign currency during periods of financial instability.

15 April 2000

Finance

News

Stiglitz supports workers

In a parting shot as he departed the Bank on February 1st, Joseph Stiglitz, in an interview with the International Herald Tribune, said the interests of poor countries had not been “adequately represented in a lot of the international fora”, even when decisions were potentially harmful to them.

15 April 2000

Finance

News

IMF changes its tune on capital controls

A new report from the IMF, Country Experiences with the Use and Liberalization of Capital Controls, reviews experience with the use of capital controls in 14 countries and provides detailed studies of the experience of the use of controls in Chile, India and Malaysia.

15 April 2000

Finance

News

Capital punishment

A new report from UK NGO CAFOD criticises the IMF response to the financial crisis as “inadequate and at times harmful to the interests of the poor” and urges “deep reforms”.

15 December 1999

Finance

News

IMF Articles change on hold

Action to change the IMF’s Articles of Agreement to extend the Fund’s purview to cover capital account liberalisation has been put on hold since the financial crisis.

15 December 1998