Next week, President Obama visits China. US and China have a long-standing disagreement about Chinese exchange rate policy. But this time the US has a new strategy: the jurisdiction over exchange rates should be moved from the IMF to the WTO. Is this a promising proposal - or a sign of desperation?
When the BRICS-leaders on March 26-27 meet in Durban, South Africa, it marks the completion of the first cycle of BRICS summits. Seizing this opportunity to assess the impact of BRICS as a new bloc of emerging powers, one should not get carried away by the hearty handskakes and ardent aspirations.
Over summer, European leaders and officials have denied that European banks need 'urgent recapitalization', as claimed by the IMF. Yesterday, finally, they changed their minds: EU finance ministers are now discussing bank aid plans. But once again, it is too little, too late for Europe
Some form of multipolar dialogue is needed for global economic governance. But the G20 is the wrong form. Topical research identifies fundamental legitimacy problems and suggests the creation of a Global Economic Council solidly anchored in the Bretton Woods system
This conference gathers researchers and postgraduate students in Denmark to share their China-related expertise, debate important issues, and discuss the implications for Denmark and beyond