Challenging the dominant view that the global financial crisis had little effect on global financial governance and developmental finance, the talk will explore the significant, though gradual and uneven, innovations in global financial governance and developmental finance induced by the crisis.
Inspired by Albert Hirschman, Ilene Grabel will argue that meaningful change often emerges from disconnected, experimental and inconsistent adjustments in institutions and policies as actors pragmatically manage in an evolving world. This calls for a move toward a more complex, fragmented, and pluripolar direction in international financial governance, driven in large part by democratic initiatives from below.
Ilene Grabel is Distinguished University Professor and co-director of the MA program in Global Finance, Trade, and Economic Integration at the Josef Korbel School of International Studies of the University of Denver (USA).
Paul Ladd, Director of UNRISD
Shalini Randeria, Professor, Department of Anthropology and Sociology and Director of Albert Hirschman Centre on Democracy, Graduate Institute Geneva.
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UNRISD is proud to co-host this lecture in partnership with the Graduate Institute of International and Development Studies and the Albert Hirschman Centre on Democracy