Otaviano Canuto & Matheus Cavallari, World Bank: Bloated Central Bank Balance Sheets

Central banks of large advanced and many emerging market economies have recently gone through a period of extraordinary expansion of their balance sheets and are all now possibly facing a transition to less abnormal times. However, the fact that one

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Robert J Shiller: Robotization Without Taxation?

The idea of a tax on robots was raised last May in a draft report to the European Parliament prepared by MEP Mady Delvaux from the Committee on Legal Affairs. Emphasizing how robots could boost inequality, the report proposed that

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France: Touch and Go

So far this year, Europe’s centre ground has held firm – sort of. After Dutch populist Geert Wilders in March failed to significantly expand his following, French voters on Sunday rejected Marine Le Pen in the decisive round of the

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Article 50 Invoked: For All the Wrong Reasons

Driving a wedge right down the middle of British society and shattering a disconcerting number of endearing stereotypes, Brexit has now been served – fully nine months after a slim majority of voters expressed a wish to leave the European

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DeVere Group: Decisive Move Into Private and Investment Banking

One of the world’s largest financial consultancy services providers has moved into banking. Late last year, deVere Group acquired the St Lucia branch of Arton Bank in order to gain a foothold in private banking, and earlier this month the

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Evan Harvey, Nasdaq: A Short-Term Look at Long-Term Growth – The Expert Outlook on 2017

Given the rapidly changing state of our global economic and political picture, it can be daunting to integrate sustainability strategies into business practices. This has ever been the case, but perhaps the tension between short-term deliverables and longer-term principles is

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Otaviano Canuto, World Bank: Global Imbalances on the Rise

Discussions around large current account imbalances among systemically relevant economies as a direct threat to the stability of the global economy vanished in the aftermath of the global financial crisis. As the crisis originated in the US financial system –

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Behind the Scenes, Berlin and Beijing Are Forging a New World Order

Geopolitics are on the move with a possibly violent upheaval in the offing. Earlier this month, at the World Economic Forum in Davos, President Xi Jinping of China donned the mantle of globalism – promising to carry the torch about

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Davos: Growing Awareness of Growing Unease

William F Browder of Hermitage Capital Management has been a Davos regular for over twenty years, unfailingly embarking every January on a pilgrimage to the Swiss resort town to mingle with his peers, swap experiences, and ponder the challenges ahead.

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Davos: Till We Meet Again – Bankers Packing Up

Dutch Finance Minister and President of the Eurogroup Jeroen Dijsselbloem is worried that the increased insularity of thought displayed by Prime Minister Theresa May will prove near-fatal for the United Kingdom: “We’ll probably meet again twenty years from now. By

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