Karina Patricio Ferreira Lima is a Doctoral Researcher and Modern Law Review Scholar at Durham Law School, UK. Her research interests centre on the constitutive role of law over the world’s economic organisation, with a particular focus on International Economic Law (IEL).

December 8, 2022

Analysis

Money and the Climate Crisis

COP27 and financing the green transition

, Anna Gelpern, Avinash Persaud, Rishikesh Ram Bhandary, Brad Setser, Adam Tooze

The conclusion of COP27 reflected persisting uncertainties around coordinated global action towards decarbonization. Major agreements—including the establishment of a loss and damage fund—were reached, but the burden of mounting debt among global South countries continued to limit climate ambition. The…

July 7, 2022

Interviews

The IMF & the Legacy of Bretton Woods

Global South debt crises and the evolution of the international monetary system

, Mona Ali, Richard Kozul-Wright, Chris Marsh, Lara Merling

Fifty years on from the collapse of the Bretton Woods system, the role of the international monetary system and international financial institutions in managing the global economy are in question.

August 15, 2020

Analysis

Another Lost Decade?

The systemic character of the global periphery debt crisis.

Contrary to common beliefs on fiscal fundamentals, the current debt crisis in the global periphery demonstrates that the solvency of sovereign states is determined by their monetary power. Crucially, liquidity has a cyclical character in the periphery of global capitalism…