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Commission Of Experts On Reforms Of The International Monetary And Financial System
The Commission of Experts on Reforms of the International Monetary and Financial System, chaired by Joseph Stiglitz and not to be confused with the concurrent Commission on the Measurement of Economic Performance and Social Progress he also chaired, was convened by the President of the United Nations General Assembly, Miguel d'Escoto Brockmann, "to review the workings of the global financial system, including major bodies such as the World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ... and the IMF, and to suggest steps to be taken by Member States to secure a more sustainable and just global economic order". It presented its recommendations on 20 March 2009 and a preliminary draft of its full report on 21 May 2009. The final report was released 21 September 2009. Notes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Stiglitz
Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of ''laissez-faire'' economists (whom he calls " free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001, and received the university's highest academic rank ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commission On The Measurement Of Economic Performance And Social Progress
The Commission on the Measurement of Economic Performance and Social Progress (CMEPSP), generally referred to as the Stiglitz-Sen-Fitoussi Commission after the surnames of its leaders, is a commission of inquiry created by the French Government in 2008. The inquiry examined how the wealth and social progress of a nation could be measured, without relying on the uni-dimensional gross domestic product (GDP) measure. The Commission was formed in February 2008 and Joseph E. Stiglitz was named as the Chair. Amartya Sen was the Economic Adviser and the French Economist Jean-Paul Fitoussi Jean-Paul Fitoussi (19 August 1942 – 15 April 2022) was a French economist and sociologist of Sephardi Jewish descent. Biography Born in La Goulette, French Protectorate of Tunisia, Fitoussi earned his Ph.D. ''cum laude'' in Law and Econ ... was the Co-ordinator. The Final Report was published in September 2009. An additional contribution from the aforementioned three main organizers which speci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The United Nations General Assembly
The president of the United Nations General Assembly is a position voted by representatives in the United Nations General Assembly (UNGA) on a yearly basis. The president is the chair and presiding officer of the General Assembly. Election The session of the assembly is scheduled for every year starting in September—any special, or emergency special, assemblies over the next year will be headed by the president of the United Nations General Assembly, UNGA. The presidency rotates annually between the five United Nations Regional Groups, geographic groups: African Group, African, Asia-Pacific Group, Asia-Pacific, Eastern European Group, Eastern European, Latin American and Caribbean Group, Latin American and Caribbean, and Western European and Others Group, Western European and other States. Because of their powerful stature globally, some of the largest, most powerful countries have never held the presidency, such as the China, People's Republic of China, France, Japan, R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miguel D'Escoto Brockmann
Miguel d’Escoto Brockmann (February 5, 1933 – June 8, 2017) was an American-born Nicaraguan diplomat, politician and Catholic priest of the Maryknoll Missionary Society. As the President of the United Nations General Assembly from September 2008 to September 2009, he presided over the 63rd Session of the United Nations General Assembly. He was also nominated as Libyan Representative to the UN in March 2011."Nicaraguan U.S. critic made U.N. assembly president" Reuters, June 4, 2008. He died on 8 June 2017, having suffered a stroke several months earlier. Early life D'Escoto was born in .[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial System
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets. In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment. At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainability
Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable living). Sustainability is commonly described as having three dimensions (also called pillars): environmental, economic, and social. Many publications state that the environmental dimension (also called "planetary integrity" or "ecological integrity") is the most important, and, in everyday usage, "sustainability" is often focused on countering major environmental problems, such as climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution. Humanity is now exceeding several "planetary boundaries". A closely related concept is that of sustainable development, and the terms are often used synonymously. However, UNESCO distinguishes the two thus: "''Sustainability'' is often thought of as a lon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Justice
Global justice is an issue in political philosophy arising from the concern about unfairness. It is sometimes understood as a form of internationalism. History Henrik Syse claims that global ethics and international justice in western tradition is part of the tradition of natural law. It has been organised and taught within Western culture since Latin times of Middle Stoa and Cicero, and the early Christian philosophers Ambrose and Augustine. A direct quote from Syse states : "This early natural-law theorising teaching centred around the idea of a ius naturale, i.e., a system of right which is natural and as such common to all people, available to humankind as a measuring stick of right and wrong." Context Per the American political scientist Iris Marion Young "A widely accepted philosophical view continues to hold that the scope of obligations of justice is defined by membership in a common political community. On this account, people have obligations of justice only to other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
