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Ausgelöst durch das Zusammentreffen niedriger Zinsen in reichen Ländern und einem hohen Finanzierungsbedarf für Infrastruktur in vielen ärmeren Ländern befindet sich die Verschuldung der Länder des Globalen Südens seit Jahren auf einem dramatisch hohen Niveau. Hohe Schuldendienstzahlungen...
Persistent link: https://www.econbiz.de/10012155264
This article explores the problems with the current arrangements for international financial governance and the prospects for the IMF being sufficiently reformed to play an effective role in future arrangements for international financial governance. It proposes that the G20 initiate a...
Persistent link: https://www.econbiz.de/10014209638
supported by the World Bank and the International Monetary Fund (IMF) have come into view. Since then, the member states have … pressured both organizations to implement environmental concerns. We analyze the reactions of the World Bank and the IMF …-loop). In a second step we describe the efforts of the bureaucracies of the World Bank (from the 1970s until today) and the IMF …
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propose the foundation of a Green Bretton Woods System. A Green World Central Bank (GWCB) would be allowed to create its own …
Persistent link: https://www.econbiz.de/10014081368
This paper seeks to answer the question of how banking regulation can contribute to environmental sustainability objectives. The 2030 United Nations Sustainable Development Goals and 2015 Paris Climate Change Treaty place climate action and environmental challenges as central to the required...
Persistent link: https://www.econbiz.de/10012896926
In the past several years, central banks globally have begun to consider whether, and to what extent, questions of climate change and sustainability intersect with their legislative mandates. The issues are not straightforward nor is there a one-size-fits-all approach. A range of important...
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