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Financial Reform

The financial sector plays an important role in the functioning of economies and societies worldwide. SOMO investigates the ways in which banks, insurers and other financial conglomerates influence the lives of people and poverty and sustainable development, with special focus on  developing countries. We study not only private financial enterprises, but also the ways in which the financial sector is being regulated and  liberalised internationally, nationally and at EU level. With these studies, we show how regulation, policy and private initiatives in this sector do or do not lead to sustainable development. SOMO also publishes a bimonthly newsletter in cooperation with German NGO WEED to update civil society, academia and politicians on various policy processes around financial reforms in the EU and internationally.

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