NEW YORK – I have been honored by World Bank directors representing developing countries and Russia to be selected as one of two developing-country candidates to become the Bank’s next president. So I want to make known to the global community the principles that will guide my actions if I am elected – principles based [...]

In a somewhat unexpected turn of events, the presentation of Matthias Busse on Thursday, 1st March entitled ‘Governance in Developing Countries’ at the CIS Colloquium series led to a heated debate on the necessity and validity of indicators, such as those for example developed by the World Bank. Unlike in usual antipositivist development circles, however, [...]

Money was invented to facilitate economic transactions and thus serve the real economy. Over the past 30 years or so, this relationship has been reversed: the real economy now appears to serve financial markets with financial crises bringing down economies. “Financialization” is the term experts use to describe this phenomenon. As part of our Editorial Plan’s focus [...]

Phase 1 of our Editorial Plan – a phase dedicated to tracing the structural changes occurring in the international system – has thus far mostly looked at intangibles. In other words, we at the ISN have explored, in a prism-like way, the roles of future forecasting; geopolitical thought; globalization, multiculturalism, and nationalism; evolving international norms [...]

After 40 years of economic growth based on debt, the era of  “debt capitalism” has come to an end, says Wolfgang Streeck. The Managing Director of the Max Planck Institute for the Study of Societies in Cologne gave a remarkable interview (in German) last week that I would like to share with you, in advance [...]