Stephany Griffith-Jones

Stephany Griffith-Jones

Emeritus Fellow

Stephanie Griffiths Jones is an economist specialising in international finance and development, with emphasis on reform of the international financial system, specifically in relation to financial regulation, global governance and international capital flows.

She is currently an IDS Emeritus Fellow, and financial markets director at the Initiative for Policy Dialogue in New York. She has held the position of deputy director of International Finance at the Commonwealth Secretariat and has worked at the United Nations Department of Economic and Social Affairs and in the United Nations Economic Commission for Latin America and the Caribbean. She has published over 20 books and written many scholarly and journalistic articles.



Business and Development Centre

The Business and Development Centre (BDC) brings together thinking from business, economics, political science and development studies to tackle critical questions on the role of business in development, focusing initially on agriculture, food and nutrition, the green economy and public health.


Centre for Rising Powers and Global Development

The Centre for Rising Powers and Global Development is at the forefront of research and practical analysis that helps connect governments, donors, civil society, and academia to explore new way to address global development challenges.



Book Chapter

The Role of European Investment Bank (EIB) and National and Regional Development Banks in the Green Transformation

Climate Change in Regional Perspective

This chapter examines the important role that can be played by national and regional development banks in the green transformation. Our focus is on the European Investment Bank (EIB), but we argue that EIB’s effective mechanisms to fund the initiatives of the European Green Deal can be...

14 May 2024

Working Paper

Matching Risks Instruments Development Banks

This paper explores how development banks should deploy appropriate financial instruments to encourage real economic risk-taking while minimizing financial engineering risks. We distinguish real economic risks from financial engineering or intermediary risks and argue that using complex...

23 April 2021


Development Finance Institutions and the Coronavirus Crisis

Supporting Economic Transformation (SET);

Development finance institutions (DFIs) are mandated by their shareholders to provide finance to the private sector (usually at commercial terms, but subsidised implicitly), crowd in private sector finance and have a development impact; While DFIs aim to be additional to the market, they have...

30 March 2020

Stephany Griffith-Jones’s recent work

Past Event

The visible hand: development banks in transition

14th AFD International Research Conference on Development This Open Discussion Days sessions are an open invite event over two days, 9 to 10 November. The event is part of the first global summit of Public Development Banks, The Visible Hand: Development Banks in Transition, running from 3 to...

From 9 November 2020 until 10 November 2020

Past Event

Sussex Development Lectures

Rethinking Capitalism

Event with Mariana Mazzucato on Rethinking Capitalism, hosted by The Schools of Business, Management and Economics and Global Studies (University of Sussex) and the Institute of Development Studies.

12 October 2016