Overview of current reform and proposals regarding bank structure and corporate form and bankers' remuneration, with special references to Daniel Tarullo and David Shirreff.

2015 marks the target year of the Millennium Development Goals (MDGs) adopted by the UN in 2000. The goals have not yet been fully achieved due to various reasons, and the unfulfilled agendas need immediate attention. This paper makes a case for extending the MDGs beyond 2015 but significantly reshaping them: to make progress towards goals more explicitly rights-based and participatory, to prioritise economic and social equity and environmental sustainability, to insist on the centrality of employment and decent work, and to move away from the outdated and oversimplified North-South dichotomy.

It is now widely accepted that one must move beyond viewing GDP as the critical measure of a nation's progress and recognise it for what it is - a measure of economic exchange, which is itself a means to an end; the 'end' being the achievement of 'sustainable well-being'. In this paper, the authors focus on ways of measuring environmental sustainability and well-being, as well as offering a view from the global South which entails measures of both of these.

There is accumulating evidence that the euro's current architecture is unstable. The source of instability is high interest rates on highly indebted countries which creates unsustainable debt burdens. Remedying this problem requires a central bank that acts as government banker and pushes down government bond interest rates to sustainable levels. That can be accomplished by the creation of a European Public Finance Authority (EPFA) that issues public debt which the European Central Bank (ECB) is allowed to trade.