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This section of our website is still being developed. Currently posted are opinion pieces on some of the most controversial debates in economic development, written by members of the IPD network. Eventually, this page will also contain links to important news items on some of these topics. The page will be updated often, so check it regularly for new postings.
 
Africa
Banking Crises
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  • The Instability and Inequities of the Global Reserve System
    Jose Antonio Ocampo
    Sep 25, 2007
    This paper argues the inherent instability of the current global reserve system due to the use of a national currency as the major international reserve currency, and the high demand for "self-insurance" by developing countries.

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