Financing for Development: Towards a New, Green Bretton Woods (Routledge Focus on Economics and Finance)

This book provides a robust argument for an upgrade of the financial system to enable a more sustainable approach.It explores the upcoming debate on a newly modified international financial architecture, facing serial ecological crisis and the advent of new technologies, and which operates in a multipolar world. Instead of business as usual (BAU) scenarios, it explores new, innovative, out of the box approaches in the following arenas: taxonomy and regulation, including capital flow management measures and taxations schemas; financial engineering such as hedging instruments private public partnerships; and polity frameworks e.g.IMF, World Bank, Multilateral development banks, voting quota.It addresses the new role of Central Bank Digital Currencies (CBDCs), the current and upcoming campaign on debt restructuring, as well as the role of new technologies - AI and Blockchain - to tackle illicit financial transactions and fraud, including predictive coding and big DATA correlations.The boo