Venezuela: As the Economy Sinks, Bond Markets Take Heart

The country may be unable to buy food or medicine; Venezuela continues to meet with clockwork precision all its obligations to bondholders. Struggling with triple-digit inflation and deploying the army to supress food riots, the monumentally inept government of President

Read More

UNCTAD: A Policy Compact to Get Investment Flowing Again

James Zhan suggests world leaders make a joint effort to formulate effective investment policies to help build investment firepower to face 21st Century development challenges. Forecasts of deeper global economic gloom are tumbling one over the other. The global economy

Read More

Otaviano Canuto, IMF: China’s Spill-Overs on Latin America and the Caribbean

The Chinese economy is rebalancing while softening its growth pace. China’s spillovers on the global economy have operated through trade, commodity prices, and financial channels. The global reach of the effects from China’s transition have recently been illustrated in risk

Read More

European Investment Bank: Investment Plan for Europe

Investment Plan for Europe – Paradigm Shift in the Use of Public Resources The Marshall Plan did much to inject life into the post-war recovery of Europe. Initially comprising $13 billion, mostly in direct aid, the plan constituted a substantial

Read More

Venezuela: Economic Decline Too Steep to Tabulate

Venezuelan social media is a curious thing. There are few pictures of parents proudly showing off their kids, or of people buzzing with their hazy pictures of a boozy Friday night out littered with endless LMAOs and LOLs. Instead, the

Read More

Evan Harvey, Nasdaq: Where the Market Stands

The stock exchange industry has been increasingly active in advocating for smart and strategic disclosure of environmental, social, and corporate governance (ESG) performance data. Investors use these non-financial metrics to evaluate the health, resilience, and sustainability of public companies. And

Read More

PwC: Nigeria – Prosperity Beyond Oil

PwC recently published a report in conjunction with the Lagos State Chamber of Commerce and Industry (LCCI) on the key macro-economic challenges in Nigeria. PwC reviewed the impact of low oil prices on economic indicators and also considered the question

Read More

Otaviano Canuto, IMF: What Happened to World Trade?

World trade suffered another disappointing year in 2015, experiencing a contraction in merchandise trade volumes during the first half and only a low recovery during the second half (Figure 1). While last year’s trade performance can be associated to the

Read More

Abu Dhabi Securities Exchange (ADX): At the Heart of Vision 2030

The Abu Dhabi Securities Exchange (ADX) was established in 2000 as a legal entity with autonomous status, independent finance, and management. ADX is also provided with the necessary supervisory and executive powers to exercise its functions. ADX began operations on

Read More

Ann Low, US Department of State: Good Corporate Governance is Good Business

OECD Guidelines on Corporate Governance of State-Owned Enterprises. Over the past decade, cross-border trade and investment by state-owned enterprises (SOEs) has surged. According to the OECD, whereas in 2005, there were only three SOEs in the Fortune Global 50 list

Read More