monetary policy

OPINION: Developing Economies Increasingly Vulnerable in Unstable Global Financial System

By Yilmaz Akyüz
After a series of crises with severe economic and social consequences in the 1990s and early 2000s, emerging and developing economies have become even more closely integrated into what is widely recognised as an inherently unstable international financial system. 

North’s Policies Affecting South’s Economies

By Yilmaz Akyüz
Since the onset of the crisis, the South Centre has argued that policy responses to the crisis by the European Union and the United States has suffered from serious shortcomings that would delay recovery and entail unnecessary losses of income and jobs, and also endanger future growth and stability. 


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