Nouriel Roubini: A Mixed Economic Bag in 2019

After the synchronised global economic expansion of 2017 came the asynchronous growth of 2018, when most countries other than the United States started to experience slowdowns. Worries about US inflation, the US Federal Reserve’s policy trajectory, ongoing trade wars, Italian

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The Importance of Promoting Financial Stability and Growth through International Regulatory Coherence

By Nandini Sukumar, Chief Executive Officer, The World Federation of Exchanges One of the World Federation of Exchanges’ (WFE) strategic priorities for 2019 is the issue of regulatory coherence. The primary reason for this is that the WFE and its

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World Federation of Exchanges (WFE): Encouraging Investment in Emerging Markets Hinges on Co-operative Effort

Emerging market exchanges and policy makers are keen to encourage international investors, who play an important role in the development of emerging economies’ public markets. International investors can provide additional capital, enhance liquidity, promote greater competitiveness and adherence to standards

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Joseph Stiglitz: From Yellow Vests to the Green New Deal

It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron’s move to hike fuel taxes in

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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures

China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as

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MIGA Exclusive Interview: Business Priority to Work With All People

Interview from February 2019, with Keiko Honda, Executive Vice-President and CEO of the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA). She spoke with Tor Svensson, Chairman of CFI.co. CFI.co: You have been at the head of MIGA for almost

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Otaviano Canuto, Center for Macroeconomics and Development: How to Heal the Brazilian Economy

If I were to encapsulate the current situation of the Brazilian economy in one sentence, I would say: “It is suffering from a combination of ‘productivity anemia’ and ‘public sector obesity’”. On the one hand, the country’s mediocre productivity performance

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Stacey Ferreira: The Billion Dollar Pitch

Few people make their first million before they turn twenty, and fewer still can say they have penned an international best-seller to boot. Stacey Ferreira, however, has done both. And, as if that wasn’t enough, she is also the CEO

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Financial Centres Promote Economic Development: AIFC Goes for Growth by Backing SMEs Globally

International Financial Centres (IFCs) are a necessary component of national and global economic growth. And increasingly, it is co-operation between IFCs, rather than competition, that drives the development agenda of the world’s established and emerging financial centres. As the Astana

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Joseph E Stiglitz: Beyond GDP

Just under ten years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report, Mismeasuring Our Lives: Why GDP Doesn’t Add Up. The title summed it up: GDP is not a good measure of

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