Tag: global governance reform

Hidden factor of food price volatility

In the context of our fragile economic recovery, the prices of food, oil and other commodities have risen again. In December of 2010, the FAO food price index reached its 2008 peak; sugar, oils and fats being among the agricultural products that most significantly increased. For instance, the price of rice rose by 127%: wheat …

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El nuevo FMI

El Fondo Monetario Internacional (FMI)- la organización internacional que supervisa el sistema financiero global- eligió recientemente a un nuevo Director Administrativo (DA), debido a que Dominique Strauss Kahn (antiguo DA) resignó. Los dos candidatos al puesto eran la ministra de ecnonomía de Francia, Christine Lagarde, y el director del Banco Central de México, Agustín Carstens. …

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The changing IMF

Leer la versión en Español Next Thursday the International Monetary Fund (IMF)-the international organization that oversees the global financial system- will have to elect a new Managing Director (MD), after Dominique Strauss Kahn’s (former MD) resignation. The two candidates for the position are France’s economy and finance minister Christine Lagarde and Mexico’s central bank director, …

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