Columnists
Back to homepageOtaviano Canuto: The Dollar’s ‘Exorbitant Privilege’ Remains
Otaviano Canuto discusses the ongoing role of the greenback in international monetary systems… There has been talk of “de-dolarisation” of the global economy, with recent initiatives and policy moves by China and other countries to extend the reach of use
Read MoreTrusting AI in International Trade — the Road to Failure, or the Future?
Lord Waverley dons his techie hat and has a closer look at the potential applications of artificial intelligence… Generative AI is vital to national interest, regional prosperity, and tackling shared global challenges. It can help to grow economies, quickly and
Read MoreOtaviano Canuto: Macro-economic Policy Change – We’re Not in Kansas Any More
The possibility of multiple financial shocks lies ahead. Three significant changes to the macro-economic policy regime in advanced economies have unfolded in the past two years. Fears of a chronic insufficiency of aggregate demand as a growth deterrent — which
Read MoreOtaviano Canuto: Going Around the Bend? Assessing the Phillips Curve May Be of Help
Unemployment and wage rates are theoretically linked, and may hold a key to our immediate economic future. Current global stagflation may evolve to become a soft landing, a sharp downturn, or a deep recession. It will all depend on how
Read MoreLord Waverley: First In, Best Dressed — UK’s Bid to Join Key Regional Trade Agreement
The United Kingdom has applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between 11 countries stretching from Vietnam to Peru, including Japan. Its members contain some of the fastest-growing economies in the world,
Read MoreEvan Harvey, Nasdaq: Language Locks and Building Blocks
Language has been an inhibitor to the progress of sustainable business. Rather than putting a trendy new name on an essentially new business practice, a series of conflicting, complementary, and confusing labels has come into practice. Because this era is
Read MoreWorld Debt Anchor to Keep Interest Rates and Growth Low
Debt — both public and commercial — is exploding in the US, and internationally. Interest rates are being kept low by the central banks. The governments in the US and southern Europe cannot afford a rise in the rates on
Read MoreLord Waverley: Quest for Balance and Unity Hampered by Blurred Lines and Differing Standards
There is an increasing recognition of the need to reassess the intersection of global co-operation and security, and how Western democracies can best balance those needs and interests. Global politics is a grey area with individuals, state- and non-state actors
Read MoreLord Waverley on WTO: Inclusive and Sustainable Trade Reforms are Vital for Shared Benefits
The previous US administration, the politicisation of trade and a looming economic crisis due to the pandemic and Brexit are creating an environment of protectionism. This must not be allowed to happen, argues Lord Waverley. The need has never been
Read MoreLord Waverley: A New Chapter for the UK and a Meeting Place for the World
With the EU agreement now in place, the United Kingdom has the chance to develop a strategy that addresses the ambitions and goals of the country at large. The halcyon days of yesteryear have not diminished but do need to
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