Globalization/Economy and Financial Affairs    >
In-depth this week: The global financial crisis: implications for the South
Civil society organizations from 41 countries, urge G-20 leaders to make concrete progress towards the introduction of an internationally coordinated financial transactions tax (FTT) at the upcoming summit in Seoul.
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In-depth this week: World Bank
The annual meeting of the governors of the International Monetary Fund (IMF) and World Bank in the first week of October is traditionally an occasion for protesters to rally against the system and criticise these sister institutions created at Bretton Woods at the end of World War II. The highest authorities of the Bretton Woods institutions have opened a door with their self-criticism. Perhaps the protests during the annual meeting will no longer come from the demonstrators on the corner in Washington, but from inside the meeting itself.
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The Doha Non-governmental organization Group on Financing for Development (DNG) is an international coalition of civil society organizations serving as the NGO facilitating body to the official UN Financing for Development (FfD) process and engaged in the monitoring of the various agenda items of the Monterrey Consensus.

Selected news
What now for European monetary union?
Thu Jul 12 2012 - Source: Third World Network
The Basel-based Bank for International Settlements (BIS) has joined a growing chorus of global institutions and leaders calling on the eurozone countries to quickly act to bring about more financial and fiscal integration, and strengthen the institutional foundations of the currency union itself.
Society, economic policies and future of finance sector
Thu Jul 12 2012 - Source: Third World Network
The future of finance, and in particular, saving it from a popular backlash against the global financial crisis and related crisis-management policies, has rightly become a matter of great concern. There is broad agreement that finance, as in the past, has the potential to do good, which should be harnessed by all. However, it is essential to minimise its potential to do harm.
Sustainable Development As An Answer To Economic And Financial Crises
Mon Jul 09 2012 - Source: South Centre
Below is the speech delivered by Dr Yılmaz Akyüz, Chief Economist of the South Centre on the Sustainable Development Dialogue Roundtable on the Global Financial Crisis, UN Conference on Sustainable Development 2012, in Rio de Janeiro on 16 June 2012.
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