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Jim O’Neill: A Living Wage for Capitalism

At 3.6%, unemployment in the United States remains near its lowest level since the late 1960s. There are even signs that people who had previously dropped out of the labour force are being attracted back into it as employers scour

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Mohamed A El-Erian: How the IMF Can Battle Gradual Irrelevance

This year, I didn’t attend the October annual meetings of the International Monetary Fund and the World Bank in Washington, DC. Instead, I paid close attention to reports of the gathering and talked to people who were there whom I

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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

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Turning Promises Into Reality – The Business Case for Gender Equality in Achieving the SDGs

By Paula Tavares and Otaviano Canuto ­ As world leaders gathered this month for high-level talks at the 74th United Nations General Assembly, pressing global issues were at the forefront of discussions, including progress toward the 2030 Agenda and the

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Joseph Stiglitz: Thumbs Down to Facebook’s Cryptocurrency

Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their disposal. The fact that Facebook thinks so

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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

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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

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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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Evan Harvey, Nasdaq: Next-Gen ESG – Going Beyond the Basics

For many years, investors have been searching for more perfect sources of non-financial information: data that may not be on the balance sheet, but still offer material and relevant insight into business value. First, they looked at corporate governance practices

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Nouriel Roubini and Brunello Rosa: The Makings of a 2020 Recession and Financial Crisis

As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether the lessons needed to prepare for the next one have been absorbed. But

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