Jim O’Neill: The Return of Fiscal Policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges. There are plenty of issues to keep one up at night, be it climate change, antimicrobial

Read More

EBRD: Investing in Sustainable Infrastructure Helps Advance the UN’s SDG Agenda

At the beginning of this year, the European Bank for Reconstruction and Development (EBRD) created the Sustainable Infrastructure Group (SIG). The bank merged its energy and infrastructure businesses to capitalise on synergies between these sectors. It delivers investments that ensure

Read More

Joseph Stiglitz: No More Half-Measures on Corporate Taxes

Globalisation has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in which Europe, China, and

Read More

Nouriel Roubini: Four Collision Courses for the Global Economy

In the classic game of “chicken,” two drivers race directly toward each other, and the first to swerve is the “loser.” If neither swerves, both will probably die. In the past, such scenarios have been studied to assess the risks

Read More

World Bank on Social Protection in Africa: Can Safety Nets Close the Poverty Gap in Burkina Faso and Ensure Family Welfare?

With focused and courageous policy decisions, Burkina Faso’s government can cover the country’s poor with an effective and efficient safety net. This end is achievable simply by realigning and better targeting existing expenditures. The reallocation of energy subsidies that mainly

Read More

Inspired Digital Insurance — Full-Stack Insurtech Innovation is the Way Ahead

Insurance goes back 4,000 years, and has not gained a terrific reputation during that period. It protects against financial loss, using risk management to counter uncertainty. Risk can be transferred to an insurer, also called a carrier or underwriter. A

Read More

Malpass Shows Pragmatism and Relevant Smarts in his New Role

Some critics see the nomination and election of the new president of the World Bank, David Malpass, as a continuation of the Trump administration’s stance on multilateral institutions and China. David Malpass saw President Donald Trump as an agent of

Read More

Mohamed A El-Erian: America’s Unusual Recovery is Now Also its Longest

Data released over the next few months will show that the current US economic expansion is the longest on record. But while the United States continues to outperform other advanced economies, this success has yet to dispel many Americans’ persistent

Read More

Otaviano Canuto, Center for Macroeconomics and Development: Is There a Middle-Income Trap?

The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income, but then appeared to stall, losing momentum along the route toward

Read More

UNCDF: Revolutionising International Municipal Finance is Focus of Bid to Tackle Climate Change and Open Global Markets

“They have been drivers of progress throughout history, and now – as the knowledge economy takes full flight – they are poised to play a leading role in addressing the challenges of the 21st Century,” wrote former Mayor of New

Read More