- Gül Unal
The September 2008 bankruptcy of Lehman Brothers brought the international financial system to the edge of collapse. Ten years later, has global finance become safer, simpler,and fairer?
During September 3–7, 2018, UNCTAD’s Division on Globalization and Development Strategies hosted a summer school in Geneva (“Money, finance and debt: Old debates, new challenges”) to consider these questions and more. Co-organized with the Institute for New Economic Thinking’s (INET) Young Scholars Initiative, the weeklong gathering drew policymakers and scholars of all ages from 23 countries, who debated topics far and wide: money, finance and hyper-globalization, perspectives on financialization, financing for development and the Sustainable Development Goals, illicit financial flows and cryptocurrencies, and sovereign debt and development.
The UNCTAD Virtual Institute (Vi) was there to capture it all, as well as conduct one-on-one interviews with various experts. Here are some highlights.