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Trade and Development Report 2009

image of Trade and Development Report 2009
The Trade and Development Report 2009, subtitled Responding to the Global Crisis - Climate Change Mitigation and Development” addresses the main issues of global economic outlook and short-term policy response to the financial and economic crisis, international monetary reform to complement stricter financial regulation and climate change mitigation as a process of structural change. The report analyzes global economic prospects within the framework of the current economic and financial crisis. It also heeds the short-term fiscal, financial and monetary policies that were adopted in response to the impacts of the 2008-2009 crisis. It also looks at the question of how increased efforts aimed at climate change mitigation can be combined with forward-looking development strategies and rapid growth in developing countries.

English Spanish, French

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Reform of the international monetary and financial system

The debate about the policy implications of the current financial and economic crisis has focused on emergency measures to overcome the crisis, and on the need to improve supervision and regulation of national financial markets (issues discussed in chapters I and III of this Report). However, the lessons to be drawn for reform of the international monetary and financial system have received relatively little attention in the debate so far.

English Spanish, French

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