South Centre Chief Economist explains the deepened financial integration of the Global South as a mechanism of Northern countries to continue compressing wage income. But the growing and massive accumulation of debt worldwide is making the global economy more vulnerable than ever before Story Transcript PETER DITTUS: The fragility and the potential exposure to crisis […]
Author Archives: Dr. Yılmaz Akyüz
The South Center is the intergovernmental organization of developing countries that helps developing countries to combine their efforts and expertise to promote their common interests in the international arena. The South Center was established by an Intergovernmental Agreement which came into force on 31 July 1995. Its headquarters is in Geneva, Switzerland.
Dr. Yılmaz Akyuz, Chief Economist of the South Center, was formerly the Director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development (UNCTAD) when he retired in August 2003. He was the principal author and head of the team preparing the Trade and Development Report, and UNCTAD coordinator of research and support to developing countries (the Group-of-24) in the IMF and World Bank on International Monetary and Financial Issues. He taught at various universities in Turkey and Europe before joining UNCTAD in 1984 and after his retirement, and published extensively in macroeconomics, finance, growth and development. He is the second holder of the Tun Ismail Ali International Chair in Monetary and Financial Economics at the University of Malaysia, established by Bank Negara.
