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	<title>the GEG blog &#187; imf</title>
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	<description>from the Global Economic Governance Programme at the University of Oxford</description>
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		<title>Watch out IMF and watch out Washington DC!</title>
		<link>http://www.globaleconomicgovernance.org/blog/2009/05/watch-out-imf-and-watch-out-washington-dc/</link>
		<comments>http://www.globaleconomicgovernance.org/blog/2009/05/watch-out-imf-and-watch-out-washington-dc/#comments</comments>
		<pubDate>Mon, 04 May 2009 15:22:13 +0000</pubDate>
		<dc:creator>Ngaire Woods</dc:creator>
				<category><![CDATA[imf]]></category>
		<category><![CDATA[china]]></category>

		<guid isPermaLink="false">http://www.globaleconomicgovernance.org/blog/?p=472</guid>
		<description><![CDATA[Yesterday China upped the pace of the power shift from a US-dominated world monetary order, to a more global one. China and its Asian partners have just announced their strengthening of a $120 billion emergency currency pool. This is evidence of a new Chinese strategy unveiled in recent weeks and comprising three elements:

   1. substantial reform the IMF;
   2. the growth of a powerful Asian alternative to the IMF; and
   3. a world currency.

China’s new found confidence in addressing global economic governance is likely to spur policy-makers on both sides of the Atlantic to get serious about addressing major issues of governance reform, emergency lending, and exchange rate cooperation. Where years of developing country efforts have failed to push this debate, China’s potent combination of pushing for reform and at the same time bolstering challenging alternatives is likely to finally have purchase.]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>It’s enough to make you want to blog</title>
		<link>http://www.globaleconomicgovernance.org/blog/2009/03/it%e2%80%99s-enough-to-make-you-want-to-blog/</link>
		<comments>http://www.globaleconomicgovernance.org/blog/2009/03/it%e2%80%99s-enough-to-make-you-want-to-blog/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 10:32:44 +0000</pubDate>
		<dc:creator>Kevin Watkins</dc:creator>
				<category><![CDATA[aid]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[imf]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[kevin watkins]]></category>
		<category><![CDATA[mdgs]]></category>

		<guid isPermaLink="false">http://www.globaleconomicgovernance.org/blog/?p=279</guid>
		<description><![CDATA[In good times or bad, there is one commodity which Africa always enjoys in abundance: namely, advice on fiscal responsibility. The real scarcity today is the flow of finance needed to prevent the economic downturn from turning into a human development reversal.
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>What Africa needs from the G20</title>
		<link>http://www.globaleconomicgovernance.org/blog/2009/02/what-africa-needs-from-the-g20/</link>
		<comments>http://www.globaleconomicgovernance.org/blog/2009/02/what-africa-needs-from-the-g20/#comments</comments>
		<pubDate>Mon, 02 Feb 2009 11:44:00 +0000</pubDate>
		<dc:creator>Ngaire Woods</dc:creator>
				<category><![CDATA[aid]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[imf]]></category>
		<category><![CDATA[world bank]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[ngaire woods]]></category>

		<guid isPermaLink="false">http://www.globaleconomicgovernance.org/blog/?p=193</guid>
		<description><![CDATA[When the G20 meet in April the needs of African countries should be high on their agenda. The G20 have promised “comprehensively to reform the Bretton Woods institutions” . At least three major changes should be pushed. ]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Reforming the IMF and World Bank: Ngaire Woods</title>
		<link>http://www.globaleconomicgovernance.org/blog/2008/11/reforming-the-imf-and-world-bank-ngaire-woods/</link>
		<comments>http://www.globaleconomicgovernance.org/blog/2008/11/reforming-the-imf-and-world-bank-ngaire-woods/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 16:48:22 +0000</pubDate>
		<dc:creator>GEG</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[imf]]></category>
		<category><![CDATA[world bank]]></category>
		<category><![CDATA[ngaire woods]]></category>
		<category><![CDATA[publications]]></category>

		<guid isPermaLink="false">http://www.globaleconomicgovernance.org/blog/?p=48</guid>
		<description><![CDATA[Ngaire Woods addresses the urgent but difficult task of reforming the world's international financial institutions in a report for the Progressive Governance Conference hosted by Gordon Browne in April 2008.

In the report, she writes that global cooperation among governments is urgently needed to manage the current financial crisis. In principle, the IMF and World Bank are ideally placed to play a key role. But in practice, neither institution is adequately equipped to ensure cooperation to deal with the current crisis. Put simply, neither institution has a governance structure which today commands the confidence of emerging economic powers whose cooperation is vital if global collective action is to resolve the financial crisis.]]></description>
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		<slash:comments>0</slash:comments>
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