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Irish Left Review
Joined up thinking for the Irish Left

offsite link New Books Worth Reading Mon Sep 19, 2016 23:25 | Seán Sheehan

offsite link 13 Billion ? Lucky for some? Mon Sep 05, 2016 13:04 | Tony Phillips

offsite link Rebuilding Ireland: Long on Promise, Short on Detail Mon Aug 29, 2016 22:20 | Eoin O'Mahony

offsite link Brexit and Other Issues: Comments on the Current Situation Mon Aug 29, 2016 21:52 | Brendan Young

offsite link Bin Charges: From Private Circus to Public Service Tue Jun 21, 2016 12:38 | Michael Taft

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Spirit of Contradiction

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

offsite link Fake News: The Epistemology of Media Wed Jun 07, 2017 11:52 | Gavin Mendel-Gleason

offsite link Officials and Provisionals Sat Apr 01, 2017 22:54 | James O'Brien

offsite link Interview with Cathal Goulding Mon Dec 26, 2016 17:11 | Cathal Goulding

offsite link Trump, Russia and the CIA Sat Dec 10, 2016 18:23 | Gavin Mendel-Gleason

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Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

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NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

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IMF and World Bank Meetings Begin With Growth Forecasts and Crisis Risk Warnings; Development Group Says We Lack Tools to Prevent Next Global Economic Crisis

category international | economics and finance | press release author Friday October 13, 2017 16:36author by Abby Wilhelm - Jubilee USA Report this post to the editors

The International Monetary Fund (IMF) and World Bank begin their annual meetings which run between October 13th and 15th.

The International Monetary Fund (IMF) and World Bank begin their annual meetings which run between October 13th and 15th. On Thursdayahead of the gathering of Finance Ministers, Central Bank Governors and Government leaders, IMF head Christine Lagarde noted that even though they are predicting global economic growth, risks linger for another financial crisis. On Wednesday the IMF released its Global Financial Stability Report which laid out new tools for predicting financial crisis.

"Unfortunately, I think that there isn't appetite among IMF Executive Directors to move forward actual tools to prevent the next financial crisis," noted Eric LeCompte who has observed IMF and World Bank Meetings since 2010. LeCompte is the Executive Director of the religious development coalition Jubilee USA. "While IMF staff are looking at better ways to predict crisis, we are not putting in place the actual tools to prevent the next financial crisis."

On Thursday morning, LeCompte's group, Jubilee USA, hosted a panel at the IMF on putting in place solutions to end financial crises.

"A few years ago the IMF was proactively looking at structural solutions that stop financial crises and limit austerity policies, but it seems that work has been sidelined," stated LeCompte who serves on United Nation finance expert groups.‎

Earlier in the week the IMF released its biannual World Economic Outlook report, which warned about climate impacts on vulnerable countries.

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