Otaviano Canuto

Otaviano Canuto

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

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…

2 years ago
Otaviano Canuto: Going Around the Bend? Assessing the Phillips Curve May Be of HelpOtaviano Canuto: Going Around the Bend? Assessing the Phillips Curve May Be of Help

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…

2 years ago
Dollar Dominance: Greenback Will Endure Current HardshipsDollar Dominance: Greenback Will Endure Current Hardships

Dollar Dominance: Greenback Will Endure Current Hardships

Financial sanctions on Russia after its invasion of Ukraine sparked speculation that the weaponisation of access to reserves in dollars,…

3 years ago
Tightening Financial Conditions Bring Impacts to Asset ValuesTightening Financial Conditions Bring Impacts to Asset Values

Tightening Financial Conditions Bring Impacts to Asset Values

In the first half of this year, US stock markets suffered a fall not seen in more than 50 years.…

3 years ago
Quantitative Tightening and Capital Flows to Emerging MarketsQuantitative Tightening and Capital Flows to Emerging Markets

Quantitative Tightening and Capital Flows to Emerging Markets

In its May 15th meeting, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) lifted its benchmark…

3 years ago
Greenbacks for a Green Future: It’s the Cost of DecarbonisationGreenbacks for a Green Future: It’s the Cost of Decarbonisation

Greenbacks for a Green Future: It’s the Cost of Decarbonisation

Accelerating the transition toward low- or zero-carbon emissions is necessary to keep global warming at theoretically safe levels. That will…

3 years ago
Otaviano Canuto: Some Economies May Soon Face a Hard LandingOtaviano Canuto: Some Economies May Soon Face a Hard Landing

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…

3 years ago
Sanctions Against Russia Resemble a Boxing MatchSanctions Against Russia Resemble a Boxing Match

Sanctions Against Russia Resemble a Boxing Match

The economic sanctions against Russia announced last week by the US and Europe are having a profound impact on the…

3 years ago
Decarbonisation and “Greenflation”Decarbonisation and “Greenflation”

Decarbonisation and “Greenflation”

Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That…

3 years ago
Permanent Output Losses from the PandemicPermanent Output Losses from the Pandemic

Permanent Output Losses from the Pandemic

In the World Economic Outlook, published October 12, the International Monetary Fund (IMF) slightly lowered its forecast for global economic…

4 years ago