The South Centre has grown out of the work and experience of the South Commission and its follow-up mechanism, and from recognition of the need for enhanced South-South co-operation. The Report of the South Commission -- emphasized that the South is not well organized at the global level and has thus not been effective in mobilizing its considerable combined expertise and experience, nor its bargaining power.
The South Centre is therefore intended to meet the need for analysis of development problems and experience, as well as to provide intellectual and policy support required by developing countries for collective and individual action, particularly in the international arena.
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South Bulletin (South Centre, Issue 55, 11 July 2011): Capital Flows Booms & Busts Damaging to South|
This issue of South Bulletin focuses on the adverse effects of the boom and bust cycle in capital flows into and out of developing countries, which has caused adverse effects in many economies. After the financial crisis, capital flows resumed their large surge into some developing countries. This has caused them many problems, such as currency appreciation affecting their trade, excess money, asset price boom and inflation |