August 19, 2010

(Washington, DC) New Rules for Global Finance, a civil society organization that promotes stable global financial systems that reduce poverty and inequality, has launched an interactive weblog as part of a complete website redesign. The blog offers clear analysis with an ethical conclusion on issues related to the financial crisis - how we got into this mess and how we can resolve it with equity. Whether they agree with the substance or not, readers will enjoy quality writing and argumentation.

It is with great pleasure we introduce New Rules Blogger: Michael Prowse

Michale Prowse, Senior Visiting Fellow at New Rules for Global Finance, is a writer and commentator. He, a past winner of the Wincott Award for financial journalism, one of the principal awards for economics writers in the UK, has been a staff writer for Financial Times of London and The Economist magazine. At the FT, he was an editorial and feature writer based in London for six years. He then moved to the FT’s Washington DC office where he reported on the US economy for six years. While in Washington and subsequently in London, Michael wrote regular weekly columns for the FT on a wide range of economic, social and political topics. At the Economist, he wrote about financial markets. Michael has also worked as an economist in a leading British investment bank and held visiting positions at the Brookings Institution and the Centre for Economic Performance, London School of Economics. He is married to Susan Prowse, a senior official at the International Monetary Fund. They have a daughter, Rachel, and live in Washington DC.

Read the latest Blog:  Book Review: Anatole Kaletsky on financial crises and capitalism’s fourth age

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About New Rules for Global Finance

New Rules' programs promote the accountability and governance reform of the major International Financial Institutions (IFIs), policy advances in finance for development, and capacity building in taxation of domestic resources for inclusive development. Advances made in our programs contribute significantly toward the reduction of global poverty and inequality.

Current Programs

• Tracking G20 Assignments to the Financial Stability Board and the International Monetary Fund
• Reforming the Governance Practices of the IMF and other IFIs
• South-South Sharing of Successful Tax Practices (S4TP)
• Macroeconomic Policy Impact Analysis (coming soon)

Archived Programs

• Fourth Pillar Consultation on IMF Governance (2009)
• Bringing Balance to the IMF Reform (2008-2009)
• High Level Panel on IMF Board Accountability (2006-2007)
• Democratic Governance and Parliamentary Oversight (2005-2006)
• Poverty and Social Impact Assessment (2003-2006)
• FFD Multi-Stakeholder Consultation on Systemic Issues (2004-2005)