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Tag "Quantitative Easing"

yilmaz-akyuzEU_CrisisYilmaz Akyuz, chief economist of the South Centre in Geneva, argues that in recent years developing countries have lost steam as recovery in advanced economies has remained weak or absent due to the fading effect of counter-cyclical policies and the narrowing of policy space, and he recommends measures to reduce the external financial vulnerability of the South.

 

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Khor 1Financial_InstitutionsThe turmoil of currency decline and capital flight in several developing countries continued, and a re-look into capital controls, Malaysian-style, may be worthwhile.

 

 

 

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Khor 1G20The G20 Summit last week discussed a new phenomenon – economic turmoil beginning in some major developing countries. Coordination to prevent future crises is still elusive.

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