Otaviano Canuto, World Bank: Can Services Replace Manufacturing as an Engine for Development?

Manufacturing expansion has been a vehicle for job creation, productivity increases, and growth in non-advanced economies since the second half of the last century. First in Latin America, followed by Asia, and a renewal of production systems in Eastern Europe,

Read More

Jean-Claude Juncker: Gives as Good as He Gets

He is the man eurosceptics, and quite a few others, love to hate – the embodiment of all that is wrong with the European Union and the face of the “faceless bureaucrats” who rule from Brussels. Jean-Claude Juncker (62), a

Read More

FMO: Unlocking Scale Potential of Green Bonds in India – Lessons from Global Markets

The global green bonds market has gone from strength to strength in recent years, with issuance for 2017 already exceeding $100bn, some $20bn more than the total issuance in 2016 and the first time this benchmark has been breached. According

Read More

María Dolores de Cospedal: Seeking More Bang

Almost nobody saw her coming. In barely ten years, María Dolores de Cospedal went from a political nobody to become Spain’s minister of Defence – the second woman to claim that job – and partake in the secretive Bilderberg Conference,

Read More

Joseph E Stiglitz: The Globalisation of Our Discontent

Globalisation, which was supposed to benefit developed and developing countries alike, is now reviled almost everywhere, as the political backlash in Europe and the US in recent years has shown. The challenge is to minimise the risk that the backlash

Read More

Werner Hoyer, President of the European Investment Bank (EIB): A Mostly Unseen Hand

In late-December, President Werner Hoyer of the European Investment Bank shared his experiences and insights with CFI.co chairman Tor Svensson and editor Wim Romeijn. He leads an institution more than twice as large as the World Bank, yet remains virtually

Read More

MiFID II: The Impact on Finance Sector Comms

MiFID II is a change to the regulations informing the finance sector’s conduct and aims to improve transparency and safety in the financial markets. That means that, by January 2018, affected finance businesses must be fully compliant, or face fines

Read More

Sanctions: The United Kingdom Acts

The United Kingdom Government has introduced the Sanctions and Anti-Money Laundering Bill to Parliament.  Provisions for continuity of current sanctions arrangements post BREXIT have become necessary. Failure to do so would put the United Kingdom in breach of its international

Read More

British Airways: Bring On the Competition

How to manage an apparent paradox – and make a profit while doing so. It is a challenge well suited to British Airways CEO Alex Cruz, the eminently likable Spaniard who transformed Vueling from a struggling low-cost carrier into a

Read More

Otaviano Canuto, World Bank: The Metamorphosis of Financial Globalisation

After a strong rising tide starting in the 1990s, financial globalisation seems to have reached a plateau since the global financial crisis. However, that apparent stability has taken place along a deep reshaping of cross-border financial flows, featuring de-banking and

Read More