Preliminary Draft of the Full Report of the ‘Stiglitz Commission’ Released

Last week a preliminary draft of the full report of the Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System – often referred to as the ‘Stiglitz Commission’ – was issued.

The Commission, acting under the Chairmanship of Nobel Laureate Joseph Stiglitz, has sought to “to identify the broad principles underlying needed institutional reforms required to ensure sustained global economic progress and stability which will be of benefit to all countries, developed and less developed.” The current President of the General Assembly, Miguel d’Escoto Brockmann, established the Commission late last year.

Their report suggests a range of proposals for reforming the international monetary and financial system and identifies and evaluates the merits and limitations of alternatives that are at the center of current global debate.

The report has been issued now in order to allow for its review well in advance of the UN Conference on the World Financial and Economic Crisis and its Impact on Development. A final version is expected in the coming weeks.

Following the release of the report, the European Network on Debt and Development (EURODAD) organized a meeting with some of the members of the Commission. For information on that event, click here

  The Preliminary Draft of the Full Report of the Commission of Experts on Reforms of the International Monetary and Financial System

 NGLS Consultation on the Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System

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