You searched for: Otaviano Canuto

Otaviano Canuto: Growth Implications from a Fractured Trading System

To understand the implications of a fractured trading system, let’s use the period known as hyper-globalisation, or globalisation 2.0, as…

4 months ago

Otaviano Canuto: Rising Use of Local Currencies for Cross-Border Payments

At the recent BRICS summit in Johannesburg, the leaders of Brazil, Russia, India, China and South Africa said they wanted…

5 months ago

Otaviano Canuto: The Dollar’s ‘Exorbitant Privilege’ Remains

Otaviano Canuto discusses the ongoing role of the greenback in international monetary systems... There has been talk of “de-dolarisation” of…

8 months ago

Otaviano Canuto: Macro-economic Policy Change – We’re Not in Kansas Any More

The possibility of multiple financial shocks lies ahead. Three significant changes to the macro-economic policy regime in advanced economies have…

12 months ago

Otaviano Canuto: Going Around the Bend? Assessing the Phillips Curve May Be of Help

Unemployment and wage rates are theoretically linked, and may hold a key to our immediate economic future. Current global stagflation…

1 year ago

Otaviano Canuto: Some Economies May Soon Face a Hard Landing

Weaker performance of emerging markets is expected in the immediate future. This year began with simultaneous signs of a slowdown…

2 years ago

Otaviano Canuto: Are We on the Verge of a New Commodity Super-Cycle?

Commodity prices have recovered their 2020 losses and, in most cases, are now above pre-pandemic levels (Figure 1). The pace…

3 years ago

Otaviano Canuto: Middle-Income Countries Should Not Be Rushed to ‘Graduate’ Status

Many donor countries seem eager to see middle-income countries (MICs) graduate to non-client status in multilateral development institutions before achieving…

3 years ago

Otaviano Canuto: Central Banks and Inequality

While the economic recovery around the world remains uneven, fragile, and unbalanced across sectors, financial markets are generally doing very…

3 years ago

Otaviano Canuto: Dependency and Disconnect of U.S. Financial Markets

U.S. stock and corporate bond markets performed extraordinarily well from the March financial shock caused by covid-19 to the end…

4 years ago