EY Argentina: Argentina’s Promotional Tax System for Knowledge-based Companies is Gaining Ground in the Local Market

After more than two years of the enactment of the “knowledge-based” Law, time has come to ask whether this new promotional system have truly improved the capacity of the knowledge-based industries to generate employment, federal economic development, and foreign exchange

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World Bank: Sustained Global Solidarity Needed to Achieve Global COVID-19 Recovery

The pandemic has affected virtually everyone in the world, but its impacts have been hardest on the poor and vulnerable, deepening inequalities and exacerbating underlying challenges. Now more than ever, global solidarity is needed to address the widening gaps between

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The Fed vs the Communist Party

Recent quarters, months, and weeks have seen a remarkable clash between the goals of the US Federal Reserve and Chinese Communist Party. One is trying to expand credit into a “supercharged, super-fair recovery”, the other trying to rein-in what they

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Why Even the Most Profit Centered Businesses Should Care About ESG Issues

Investors and corporations that do not have an explicit mandate to manage social or environmental issues still have an implicit interest in such issues The strongest way to manage risk is to consider the broadest number of issues material to

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Cartica Management’s Powerful Combination: Investment Acumen, ESG Engagement, and Diverse Leadership

“Many emerging market companies have good ESG practices, but through active engagement we can improve disclosure around these practices to unlock value and ignite a cycle of positive change,” said Emily Alejos, Chief Investment Officer of Cartica Management. Through their

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John Gandolfo, IFC’s Treasurer: Looking Towards Recovery from Covid-19 and a Green, Resilient, Inclusive Future

The Covid-19 crisis has impacted the health and livelihoods of many millions of people across the planet, and it continues to impose an enormous toll on the poor, threatening decades of progress towards raising living standards in the developing world.

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KPMG Lower Gulf: Banking on ESG Risks in Future

ESG risks have the potential of negatively impacting banks’ assets, earning capacity, and sometimes their reputation, argues Abbas Basrai. Environmental, social and governance (ESG) factors and the emerging risks associated with them are becoming increasingly relevant to organizations, especially banks.

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Rescue by Helicopter Reserves

The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US$650 billion (SDR450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has entered into

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China’s Renminbi Needs Convertibility to Internationalise

On July 21, the Official Monetary and Financial Institutions Forum (OMFIF) published its eighth annual report on Global Public Investors (GPI). It included a survey the asset allocation plans of reserve managers of central banks, sovereign wealth funds, and public

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OECD: Business as Usual? Forget About That, and Prepare for Novel and Impactful Variations on a Theme

As we turn our attention towards the imperative of “building forward greener” post-pandemic, there can be no more business as usual. This was Sir Ronald Cohen’s message at the OECD Blended Finance & Impact Week in February. During his keynote

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