ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Ahmet ÖncüSubscribe to Ahmet Öncü

A Consortium Proposal to the SDR Basket Countries

On 30 March 2020, the United Nations Conference on Trade and Development (UNCTAD) called for a $2.5 trillion COVID-19 crisis package for developing countries. 1 The UNCTAD proposals were: (i) $1 trillion to be made available through the expanded use of the International Monetary Fund (IMF) issued...

Debt, Wealth and Climate

Based on the German Currency Reform of 1948 and the “Modern Debt Jubilee” of Steve Keen, a globally coordinated orderly debt deleveraging mechanism is proposed to address the global debt overhang problem is proposed. Since the global debt overhang and lack of sufficient climate finance flows are interconnected, Climate Authorities are added to the mechanism to discuss how this may help to improve the situation is discussed.
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