We need inclusive economies to address global risks posed by economic inequality and poverty. Rising to national and global challenges requires more than just growth accruing to powerful private interests and more than tax and transfer policies alone can provide. It requires economies to produce fair and just market outcomes on their own. This work stream is about such a vision. FES New York works with economic experts in academic, civil society and international organizations as well as with policymakers in governments toward progressive global economic transformation.
This brief distills a complex and compelling argument that stable and secure real exchange rates are good for development.
Covid-19 has thrown the global economy into turmoil. At the annual meetings of IMF and World Bank, the future of austerity was at stake.
Rising geopolitical tensions and the "war" against Covid-19 are straining the institutions that underpin international economic interdependence.
The 2019 FES/ITUC Policy Research Fellow finds World Bank and IMF lending fails to adequately support UN goals on decent work and equity.
Shahra Razavi expertly narrates how the current crisis is affecting social protection systems worldwide and what must be done to "build back better."
COVID-19 is exacerbating inequalities of all kinds. What can the World Bank do?