Overview

“The ascendancy of finance over industry together with the globalization of finance have become underlying sources of instability and unpredictability in the world economy. Financial markets have for some time had an independent capacity to destabilize developing countries; there are now increasing indications of the vulnerability of all countries to financial crisis. The evidence indicates that the costs of financial liberalization and deregulation can be quite high ... Overall, there appears to be a need for more collective control and guidance over international finance.”

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals