Finance
Back to homepageKenneth Rogoff: Are Emerging Markets the Canary in the Financial Coal Mine?
Are brewing exchange-rate and debt crises in Argentina and Turkey localised events without broader implications? Or are they early warning signs of deeper fragilities in bloated global debt markets that are being exposed as the US Federal Reserve continues to
Read MoreOtaviano 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 MoreEY: Argentina – Aspects of the Labour & Social Security Reform
A labour and social security reform bill has been recently sent to the Argentine Congress. In general, proposed amendments represent material changes to current regulations and introduce new concepts. Although the government has the support of the main labour unions,
Read MoreUNCDF: Bringing New Parties to the Table – Engaging the Private Sector to Drive Investment into Least Developed Countries
It is widely understood that the world is falling far short of the funding flows required to achieve the Sustainable Development Goals, particularly in the world’s 47 poorest countries, known as Least Developed Countries. The financing gap is estimated at
Read MoreFMO: 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 MoreOtaviano Canuto, World Bank: Overlapping Globalisations
Current technological developments in manufacturing are likely to lead to a partial reversal of the wave of fragmentation and global value chains that was at the core of the rise of North-South trade from 1990 onward. At the same time,
Read MoreA Sojourn in Davos: Things Will Never Be the Same
Book Review – The Magic Mountain by Thomas Mann For all its potential as a canvas for the display of human suffering, sick-lit never quite made it as a genre. In her 1926 essay On Being Ill, Virginia Woolf expressed
Read MoreDavos: Till We Meet Again – Bankers Packing Up
Dutch Finance Minister and President of the Eurogroup Jeroen Dijsselbloem is worried that the increased insularity of thought displayed by Prime Minister Theresa May will prove near-fatal for the United Kingdom: “We’ll probably meet again twenty years from now. By
Read MoreWerner 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. He leads an institution more than twice as large as the World Bank, yet remains virtually unknown outside financial circles. Werner Hoyer (66)
Read MoreNew Business-Registration Portal Goes Global
A new web portal has been launched to help companies directly access, and assess the user-friendliness of, business registration websites around the world. Global Enterprise Registration or www.ger.co is the brainchild of Ann Low, Deputy Director of the Office of
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