OECD presents revised Codes on capital flows to G20

This article is brought to you in association with OECD. Cross-border capital flows are an integral component of international finance, but require a balanced framework for removing unnecessary barriers to the movement of capital while providing governments flexibility to cope with instances of economic or financial instability,  OECD Secretary-General Angel Gurria said today. The recently revised […]

The US banks drive the developing world to a catastrophe

How is it possible that the good news of the growth of the American economy which has raised its gear, also brings forth crisis and possibly destruction in developing countries? Yet this is exactly what is already happening in our brave new world. The good news is that the US economy now grows at a […]