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Monetary policy is one of a range of policies that require global coordination and, as September’s G20 summit in Petersburg is approaching fast, a new set of challenges is confronting the global economy. There are few alternatives to the G20 in providing such governance global public goods and even the G20 faces immense difficulties in doing this effectively. -

What does debt mean for governance?
'More effective governments are able to borrow more, and many do. Some that could, don’t. But hardly any governments that lack the corresponding level of effectiveness get away with high levels of debt.' -

The politics of aid: pie in the sky or feet on the ground?
'How can aid spending be made to be more effective and – after spending almost a trillion dollars in aid over the last 10 years – why has more progress not been made in improving basic services in developing countries?' -
Shockwatch Bulletin: monitoring the impact of the euro zone crisis, China/India slow-down, and energy price shocks on lower-income countries
This ODI Working Paper presents a synthesis of findings on the global macro-economic and financial situation, in order to assess vulnerability and policy responses at the global and country levels. -
Rethinking Rio +20: why economists should take the Earth Summit seriously
Back at the first RioEarth Summitin 1992, the civil society organisations in attendance counted an unusual group among their number. Amid the assorted staffers and activists from environmental and development NGOs, there was a handful of campaigners who had a very different relationship with the Earth: representatives of an astronauts' organisation. Their reason for being there? Having seen the planet from space, they'd learned to view it from a different angle.
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The governance of global value chains and the effects of the global financial crisis transmitted to producers in Africa and Asia
Journal of Development Studies Volume 48, Issue 6This article uses a global value chain (GVC) approach to trace the effects of the Global Financial Crisis (GFC) transmitted to low income producers in Africa and Asia through trade. It explores how the governance structures associated with different types of GVC determined producers' vulnerability to the exogenous trade shock of 2008. -
Shockwatch - Social protection and the response to shocks
This project examines the readiness of social protection systems, institutions and policies to respond to different kinds of shock -
Is uncertainty the only certainty in 2012?
Uncertainty rules as we head into 2012
If you go in for such things, there’s a Chinese proverb that says ‘To be uncertain is to be uncomfortable, but to be certain is to be ridiculous’.
I’m not sure I agree with the ridiculous part, but there’s no question that dealing with the discomfort of uncertainty will be a key feature of life in 2012, and possibly a defining feature of the way we think about development in the coming years.
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Economic policies in G-20 and African countries during the global financial crisis: who's the apprentice, who's the master?
Africa Development Review Volume 23, Issue 4This paper explores economic policies in G-20 and African countries during the global financial crisis and argues that developed G-20 countries are currently not always regarded as the right master, and African countries may have outgrown apprentice status on some issues, so it may be inappropriate to think only in terms of lessons from G-20 countries for Africa. -
Shockwatch - Trade, investment, finance and growth
This project monitors the impact of global economic shocks and market volatility on development concerns.








