Leading thinkers, from both North and South, confront what is to be done about the clearly unstable world economic system. They examine a range of different ideas and approaches, set in the context of understanding neo-liberalist economic thinking and policy.

Leading thinkers, from both North and South, confront what is to be done about the clearly unstable world economic system. They examine a range of different ideas and approaches including: how do we renew the process of governance of the global economy?; can the IMF be reformed?; do we need a new World Financial Authority?; is there a case for capital controls?; can an international bankruptcy procedure be set up for countries, modelled on the USA's own domestic Chapter 11?; could the Tobin Tax on foreign currency transactions be part of the solution?; and what effective measures are needed to relieve the most deeply indebted countries? These questions are set in the context of understanding neo-liberalist economic thinking and policy. Fundamental questions are raised about recasting economic institutions and strategies on the basis of democratically controlled, environmentally compatible alternative lines.

Notes on the ascendancy and regulation of speculative capital, Walden Bello et al
a short history of neo-liberalism - 20 years of elite economics and emerging opportunities for structural change, Susan George
practical proposals - the UN system and financial regulation, Carlos Fortin
renewing the governance of the global economy, Kamal Malhotra
their reforms or ours - the balance of forces and economic analysis that inform a new global financial architecture, Patrick Bond
the death of the Washington consensus? Robin Broad, John Cavanagh
can the IMF be reformed? Richard Leaver
can global finance be regulated? Manfred Bienefeld
putting people before profits - proposals for the regulation of foreign investment, Jessica Woodroffe
why capital controls and international debt - restructuring mechanism are necessary to prevent and manage crisis, Martin Khor
the debate about capital controls - issues in capital account convertibility, Sumangala Damodaram
China - the case for capital controls, Yu Yongding
an international Chapter 11 bankruptcy procedure and special drawing rights, Zhiyan Cui
the Tobin Tax and regulation of capital movements, Bruno Jetin, Suzanne de Brunhoff
a feasible foreign exchange transactions tax, Rodney Schmidt.