The paper introduces the background to, and initial analytical priorities for, the programme of research funded by CIFR Grant EO33.

A business is insolvent when it can't pay off its debts. So what is international insolvency? How do countries go broke? Why does it keep happening? Who should bear the cost? The sovereign debt crises in Greece, Spain and Ireland have emphasised the urgency of the issue, but the phenomenon of countries repeatedly going broke...

Australia should swing its support behind the international campaign for a banking levy, writes Ross Buckley, and then join the push for a financial transactions tax.

A DECADE AGO, in response to the Asian and Russian economic crises, the finance ministers of the seven biggest economies created a new organisation, the G20. For the next nine years the influence of the G20 grew but slowly. Then, last year, the G7 handed over the role of coordinating the global response to the...