Accountability Asset Recovery: A Leadership & Sustainability Initiative 5th Paper Presentation in the Series
DOI:
https://doi.org/10.33423/jaf.v19i7.2567Keywords:
Accounting, Finance, Public-Private Partnership, Institutional Change, Rule of Law, Sustainable Development Goals, International Monetary Fund, Leadership, Sustainability, Accountability Asset RecoveryAbstract
During the post-1925 era, institutional, evolutionary and financial economics have been predominant within the natural and constructed environment. For instance, from 1st to 22nd July 1944, experts representing forty-four nations convened at Bretton Woods, New Hampshire for the United Nations Monetary and Financial Conference. Among its work there, the Conference drew up a plan for what became known as the International Monetary Fund (IMF). 74 years henceforth speaking at the 8th Kissinger Lecture Series at the US Library of Congress on 4th December 2018, the IMF managing director broached the idea for institutional recognition of evolutionary phenomena in financial economics.
Encouraged by the adoption of UN Resolution 72/277, “Towards a Global Pact for the Environment” on 10th May 2018 and in alignment with UN SDG #17 which was adopted by all UN member states in 2015, this invited paper explores the viability of Accountability Asset Recovery: A Leadership and Sustainability Initiative in seeking to facilitate institutional change, mindful of the gap that heretofore frustrated the promises enshrined in international conventions.