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G20 Performance on Financial Regulation

  Challenge   Proposal More than a decade after the 2008 global financial crisis that gave rise to G20 summitry, financial regulation remains one of the central issues on the G20 agenda. Although its share of G20 commitments has declined, the importance of cooperation on financial stability and transparency should not be underestimated. Japan’s presidency … Read more

G20 Performance on Financial Stability

  Challenge   Proposal At the heart of the G20’s founding is its mission to promote financial stability in the world. The very creation of the G20 was driven by the view that the world needed a newer, more informal financial and economic steering group, consisting of systemically significant economies. The G20 has long addressed … Read more

Legal regulation of the platform economy

This Policy Brief provides proposals as to how different jurisdictions may implement the ILO Declaration on Fundamental Principles and Rights at Work, and the ILO Report on Decent Work in the context of platform work, within the constraints of their respective constitutional and legislative orders. The purpose is to provide guidance as to how states … Read more

Global framework for regulating state-owned multinational enterprises (SOMNES)

The IMF estimates that State-Owned Enterprise (SOE) assets totalled US$45 trillion in 2018, close to 50% of the global GDP, and calculated the debt of the largest SOEs to be US$ 7.4 trillion. Clearly, SOEs have a direct bearing on the global economy. The most systemically important SOEs are the State-Owned Multinational Enterprises (SOMNEs) since … Read more

YGC Statement on Financial Architecture

The discussion about ending the exceptional monetary and financial measures and policy strategies adopted after the 2008 Financial Crisis to return to a “new normal” in monetary policy, gained momentum in 2019 both among policy makers and in the academic research circles. Leading central banks started strategic reviews that should have reached conclusions before the … Read more

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