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Tag Archives: Global Financial Crisis

The Crumbling World Order and the United Nations

The Crumbling World Order and the United Nations

We are witnessing the crumbling of the world order and we have grown accustomed to it. Surprisingly, it is not an ascending power that is rocking the status quo but the global leader, i.e. the United States, itself. And, if the very country that had been its main pillar is now willing to let that order collapse, the rest can ... Read More »

ISLAMIC FINANCE Opportunities and Challenges

ISLAMIC FINANCE Opportunities and Challenges

One of the most prominent aspects of Islam is that it attempts to moralize every walk of life. All social institutions (religious, political, economic, educational, recreational and legal) are structured in such a way that the enabling societal conditions are provided where an individual’s as well as a society’s collective advancement is ensured within strong moral precepts. The same is ... Read More »

Is the LIBERAL WORLD ORDER Collapsing?

Is the LIBERAL WORLD ORDER Collapsing?

In recent years, there has been much talk about the crisis of liberalism. The liberal world order that has held sway over international affairs for the past seven decades has been fragmenting under the pressure of systemic economic stresses, growing tribalism and nationalism, and a general loss of confidence in established international and national institutions. The election of Donald Trump ... Read More »

G20 Hangzhou Summit 2016

g20-hangzhou-summit-2016

 “Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy” The Group of Twenty (G20) is a forum that has played a vital role in responding to the global financial crisis of 2008 and strengthening the global financial architecture. In 2009, former British Premier, Mr Gordon Brown, orchestrated a deal wherein world leaders agreed on a $1.1 trillion injection of financial ... Read More »

G20 The importance of mid-size states in global economic governance

G-20 and the importance

Back in 2008, at the height of the Global Financial Crisis, there was an intense debate within the international community on the core question of the best institutional response to the unfolding collapse of the global economy. In the six months between the collapse of Bear Stern to the collapse of Lehman’s in September, the question being debated in Washington ... Read More »