Transformation of Global Financial Governance
In view of the the 2030 Agenda the project analyses institutions and instruments to achieve stable financial globalisation. The main topics are the prevention and resolution of debt crises, global financial safety nets and multilateral development banks.
Project Lead:
Kathrin Berensmann
Project description
For implementing the Agenda 2030 a stable international financial system is crucial enabling sustainable economic growth. The most recent global financial crisis in 2008 has demonstrated that financial stability is a global public good for which industrial countries, emerging markets and developing countries need take responsibility. Against this background the project analyses how to prevent and resolve debt crises. Related to this analysis this project develops proposals to improve the global financial safety net. A further focus is laid on the architecture of the multilateral development banks.
Publications
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Bond yield spillovers from major advanced economies to emerging Asia
Belke, Ansgar / Irina Dubova / Ulrich Volz (2017)
London: SOAS University of London (Department of Economics Working Paper 203) -
Chancen und Risiken der neuen multilateralen Entwicklungsbanken
Berensmann, Kathrin (2016)
in: Diplomatisches Magazin 4/2016, 40-43 -
Opportunities and risks of the new multilateral development banks
Berensmann, Kathrin (2016)
in: Diplomatisches Magazin 4/2016, 40-43 -
Neustart mit mehrfachem Handicap
Berensmann, Kathrin (2016)
in: E+Z Entwicklung und Zusammenarbeit 57 (3-4), 13-14 -
New players with handicap
Berensmann, Kathrin (2016)
in: D+C Development and Cooperation 43 (3-4), 13-14 -
Dealing with quantitative easing spillovers in East Asia: the role of institutions and macroprudential policy
Saiki, Ayako / Pornpinun Chantapacdepong / Ulrich Volz (2016)
Tokyo: Asian Development Bank Institute (ADBI Working Paper Series 604) -
Regional financial integration in East Asia against the backdrop of recent European experiences
Volz, Ulrich (2016)
in: International Economic Journal 30 (2), 272-293 -
Toward the development of a global financial safety net or a segmentation of the global financial architecture?
Volz, Ulrich (2016)
in: Emerging Markets Finance and Trade 22 (10), 2221-2237 -
Finanzierung globaler Entwicklung: Die Rolle der Märkte für Lokalwährungsanleihen in Subsahara-Afrika
Berensmann, Kathrin / Florence Dafe / Nannette Lindenberg / Ulrich Volz (2015)
Analysen und Stellungnahmen 5/2015