Otaviano Canuto

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 Hardships

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

2 years ago

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.…

2 years ago

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…

2 years ago

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…

2 years 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…

3 years ago

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”

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 Pandemic

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

3 years ago

The Road to Decarbonisation

The transition to zero emissions will involve three simultaneous economic processes: change in the relative prices of goods and services,…

3 years ago