Tag Archives for finance ministers
Intergovernmentalism in Financial Regulation
Puzzling Complexity The global financial architecture is very complex. Despite increasing liberalization of financial markets, increased system risk and integration of the economies through the financial markets in the last 30 years, there is no single World Financial Authority regulating … Continue reading
Project: Mapping the Financial Governance
When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and … Continue reading
Bill Cara: Finance Ministers vs. Central Bank Governors
In commenting the G7/FSF-report, Bill Cara makes an exemplified critique in the tradition of the American Populist movement: The G-7 meetings are ‘potentially’ the most important in the world. This is the gathering of Finance/Treasury Ministers and Central Bankers of … Continue reading
G7-April-2008-Meeting and Plaza-Accord
French Finance Minister Christine Lagard has compared the recent FSF-report released by the G7 Finance Ministers last week to the Plaza Accord (as quoted by Christopher Swann in an article at Bloomington): The April 11 statement was “not very different” … Continue reading
Responding with a code of conduct – IIF Interim Report 2008 on Best practices
The IIF (which is essentially the main political lobby organisation of the large, multinational commercial banks) has released a new report on markets best practices. It can be seen as the response of the banks to the regulatory efforts of … Continue reading
IMFC – International Monetary and Financial Committee
Institution: International Monetary and Financial Committee Abbreviation: IMFC Type: Public Founded: 1999 Members Total: 24 Membership in: Membership of: World Bank, IMF Description: The IMFC was established on September 30, 1999, by a resolution of the IMF Board of Governors, … Continue reading
IMF – International Monetary Fund
Institution: International Monetary Fund Abbreviation: IMF Type: Public Founded: 1944 Members Total: 185 Membership in: FSF Membership of: Description: The IMF was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high … Continue reading
G24 – Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development
Institution: Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Abbreviation: G24 Type: Public Founded: 1971 Members Total: 24 Membership in: Membership of: Description: The main objective is to concert the position of developing countries on monetary and development … Continue reading
G20 – Group of Twenty
Institution: Group of 20 Abbreviation: G20 Type: Public Founded: 2000 Members Total: 19 Membership in: Membership of: IMF, Worldbank, ECB Description: The G-20 is an informal forum that promotes discussion between industrial and emerging-market countries on key issues related to … Continue reading
G33 – Group of Thirty-Three
Institution: Group of 33 Abbreviation: G33 Type: Public Founded: 1999-2000 Members Total: 33 Membership in: Membership of: BIS, IMF, OECD, World Bank, Chair of the Interim Committee Description: The Group of 33 superseded the Group of 22 in early 1999, … Continue reading