Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.
A new report finds that bans on capital controls are outdated and a hindrance to developing nations.
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.
As long as U.S. officials continue to refuse to face the reality of a post-market fundamentalist world, they will further contribute to the crisis.
A civil society statement on the G20 summit from IPS Director John Cavanagh and coalition members.
Without bothering to learn from the mistakes that until recently had it desperately seeking a new mission, the IMF again is turning into the world's financial firefighter.
The November 15 economic summit isn't the best way to address many of the underlying issues that contributed to the global economic crisis in developing countries.
A discussion of their new book chronicling the rise and fall of the market-worshipping Washington Consensus.
According to Mark Engler, the future of globalization is in question. Will the fight between "imperial globalization" and "corporate globalization" lead to the rise of democratic globalization"?
The economics behind the food crisis.