Jomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group o
This paper briefly surveys the progress made in various areas of reform of the international financial architecture since the outbreak of the East Asian crisis,
The Global Credit Crisis of 2008-09 has underscored the urgency of reforming the international financial architecture. While a number of short-term reforms are
Instability has become global and systemic. Strengthening international institutions and arrangements would reduce the threat of crises and allow those that do