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Global Economy

This is a series of papers published by Third World Network on the global economy, particularly on current developments relating to global trends in output, income, finance and investment. It complements the TWN Trade and Development Series focusing on multilateral trade issues. The aim of the papers is to generate discussion on and contribute to appropriate policies towards development oriented to fulfilling human needs, social equity and environmental sustainability. 




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Pakistan: Causes and Management of the 2008 Economic Crisis (No. 22)

Pakistan: Causes and Management of the 2008 Economic Crisis (No. 22)

Author: Irfan Ul Haque                                              About the Book Like many other Asian emerging economies, Pakistan experienced major economic...
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Strings Attached: How the IMF’s Economic Conditions Foil Development-Oriented Policies for Loan-Borrowing Countries (No. 32)

Strings Attached: How the IMF’s Economic Conditions Foil Development-Oriented Policies for Loan-Borrowing Countries (No. 32)

Author: Nuria Molina-Gallart & Bhumika Muchhala About the Book The International Monetary Fund (IMF) has long attracted criticism for attaching to its loans contractionary economic policy conditions...
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The costs of 'coupling': The global crisis and the Indian economy (No. 19)

The costs of 'coupling': The global crisis and the Indian economy (No. 19)

Author: C.P. Chandrasekhar                       About the Book In the early stages of the current global economic crisis, it was suggested that the Indian economy (along with...
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The Debate on the International Financial Architecture: Reforming the Reformers (No. 2)

The Debate on the International Financial Architecture: Reforming the Reformers (No. 2)

Author: Yilmaz Akyuz                       Contents Introduction   I.  Progress in various areas of reform A. Standards and transparency B. Financial regulation and...
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The IMF’s Financial Crisis Loans: No Change in Conditionalities (No. 30)

The IMF’s Financial Crisis Loans: No Change in Conditionalities (No. 30)

Author: Bhumika Muchhala                       About the Book During the global financial crisis of 2008-09, lending by the International Monetary Fund (IMF) surged as...
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The Impact of the Global Financial Crisis on the Chinese Economy and China’s Policy Responses (No. 25)

The Impact of the Global Financial Crisis on the Chinese Economy and China’s Policy Responses (No. 25)

Author: Yu Yongding                               About the Book China, one of the world economy’s great growth success stories, was badly hit by the global financial...
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The Impact of the Global Financial Crisis: The Case of Malaysia (No. 26)

The Impact of the Global Financial Crisis: The Case of Malaysia (No. 26)

Author: Goh Soo Khoon & Michael Lim Mah Hui      About the Book This paper examines the effects of the global financial crisis on the Malaysian economy. Malaysia was hit on both the trade and...
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The Malaysian Experience in Financial-Economic Crisis Management An Alternative to the IMF-Style Approach (No. 6)

The Malaysian Experience in Financial-Economic Crisis Management An Alternative to the IMF-Style Approach (No. 6)

Author: Martin Khor                        About the Author                              MARTIN KHOR is the Director of the Third World Network. He...
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The Management of Capital Flows and Financial Vulnerability in Asia (No. 17)

The Management of Capital Flows and Financial Vulnerability in Asia (No. 17)

Author: Yilmaz Akyuz                              About the Book After the severe financial crisis of 1997, capital flows to emerging markets in Asia recovered strongly...
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The Management of Cross-Border Capital Flows and Macroeconomic Stability in China (No. 14)

The Management of Cross-Border Capital Flows and Macroeconomic Stability in China (No. 14)

Author: Yu Yongding                              About the Book China has been an economic success story over the last three decades, but in recent years persistent...
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