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The Saint Petersburg Accountability Report on G20 Development Commitments was published last week, on the 28th August. It is one element of an ‘adequate accountability framework’ for the G20 that was decided upon by G20 leaders at the Seoul Summit in 2010. -

Coordinated monetary policy is a global public good, but will the G20 provide it?
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. -
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. -
The politics of social protection: why are public works programmes so popular with governments and donors?
This Background Note makes an initial exploration of the political economy of adopting public works programmes to promote social protection and employment in low-income countries and fragile states. It examines the reasons for the popularity of public works programmes, reviews the evidence base and draws implications for both policy choice and programme design. -
Energy price shocks: sweet and sour consequences for developing countries
Nicola Cantore with Alessandro Antimiani and Paulo Rui AnciaesThis paper discusses the effects of recent energy price changes on developing countries. It reviews the transmission channels between energy prices and growth and distribution in developing countries based on the most recent literature; employs a computable General Equilibrium (CGE) model to identify the most vulnerable countries; and presents three brief country case studies analysing policy responses to oil shocks in more detail (Nigeria, Malawi and Ghana). -
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 euro zone crisis and developing countries
This ODI Working Paper analyses the vulnerability of developing countries to the euro zone crisis, looking at differences across countries and groups of countries -
Asian Development Outlook 2012: confronting rising inequality in Asia
Asia Development Bank’s flagship publication Asian Development Outlook 2012 (ADO) provides a comprehensive analysis of macroeconomic issues in developing Asia, with growth projections by country and region. The ADO special theme chapter 'Confronting Rising Inequality in Asia' examines how policy makers in Asia can respond to growing inequality. This event will be the official London launch of the ADO 2012 and can be accessed here.
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Construction workers on site
License: World Bank
Credit: Arne Hoel/World Bank
Source: FlickrFinancial regulation in low-income countries: balancing inclusive growth with financial stability
This project investigates interactions between financial regulation and structure, and their impacts on financial stability and inclusive growth in Low Income Countries. -

Greek Dra(ch)ma at the G20: kicking the Cannes down the road, but all roads lead to ... Rome
What was agreed in Cannes?I recently asked whether the G20 could come to the rescue to solve yet another crisis. The general assessment now is that it kicked Cannes down the road instead.










