Towards a new reserve currency system?

23-Oct-2009

The US dollar has been the dominant reserve currency for several decades, accounting for about two-thirds of global reserves, but change on international markets is under way. Are the Chinese reminbi or the Euro going to overtake the US Dollar as the world's currency of reference?

Taking stock of the credit crunch: Implications for development finance and global governance

01-Apr-2009

In the wake of the G-20 summit in London, this new working paper  explores the prospects for development finance and global governance, especially from the perspective of low-income countries. These countries were not responsible for the crisis but are now suffering its consequences. To avoid turning the credit crisis into a credibility crisis, global governance and regulatory reform will need to fully take into account their voices and interests.

OECD Global Forum on Development: Strengthening Country Ownership

on 20-May-2008

This year’s Plenary of the Global Forum brought together senior policy makers and experts to discuss “ownership”, the first principle of the Paris Declaration on Aid Effectiveness. Participants grappled with controversial issues like conditionality, called for more transparent and predictable aid, and agreed on the need to support Southern research institutions and think tanks.

Quelle politique de réendettement pour les pays africains après une decennie de remise de dette ? (Repère n° 36)

La mise en œuvre successive des plans d'allègement de la dette PPTE et IADM ont permis de réduire considérablement la charge du service de la dette pour les pays africains qui en ont bénéficié. Dotés d'une solvabilité restaurée et par ailleurs confrontés à des besoins de financement importants, ces pays souhaitent désormais se ré-endetter. Ce Repère dont la publication fait suite à un séminaire d'experts consacré aux économies africaines et organisé conjointement le 8 juin 2006 par l'AFD et le Centre de Développement, évalue les conditions d'un tel processus de ré-endettement.

Macroeconomic Policy in the Franc Zone: What can the European Central Bank Learn from Africa? Room 4, OECD, Paris

on 21-Feb-2006

The 14-member CFA Franc Zone in West and Central Africa predate the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, a new WIDER study focuses on some of the challenges facing the Franc Zone today.

Cheaper Money for Southern Africa - Unlocking Growth, 7 October 2004 at OECD Headquarters, Paris

on 07-Oct-2004

On 7 October 2004, experts and policy makers debated a central aspect of this deficit in the growth of southern Africa: the weakness of domestic and foreign investment. One of the main aims of the discussion was to explain the high cost of capital faced by both government and the private sector on the local capital markets, and to evaluate the economic impact of these costs.