Trade and Development Report 2011

The book analyzes the lessons learned from the global financial crisis regarding reforms in the international monetary and financial system. It highlights the slow progress of financial regulations and the return to conventional macroeconomic policies, which may impede recovery and invite future crises. Urging for a reevaluation of policies, it presents concrete proposals to enhance financial sector regulation, reform the international monetary system, and adjust fiscal policies, emphasizing the urgency of these reforms for sustainable economic stability.