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Whither Interest Rates in Advanced Economies: Low for Long?
by Otaviano Canuto We have previously discussed how, between March 2020, when the financial shock caused by COVID-19 occurred, and the end of August, the stock and corporate debt markets in the United States performed extraordinarily, despite gloomy prospects on
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Reshma Sohoni: An Identity and an Ambition Forged Through a Lifetime of Migration — and Adaptation
Reshma Sohoni migrated to the US from India at the age of 10, moved to France to pursue an MBA at INSEAD, and now calls London home. She says she feels “as Indian as American, and as American as European”.
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China on the Way Back to Rebalancing
China’s economy keeps recovering from the coronavirus pandemic-led crisis through the third quarter of 2020, as revealed by the numbers of August activity. Its GDP grew by 3.2% in the second quarter, after falling by 6.8% in the first quarter,
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Otaviano Canuto: Dependency and Disconnect of U.S. Financial Markets
U.S. stock and corporate bond markets performed extraordinarily well from the March financial shock caused by covid-19 to the end of last month. Then, three consecutive weeks of decline in the three major stock market indexes have been followed this
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World Bank on COVID-19 in Africa: Can Safety Nets Ease Social and Economic Impacts?
Across the world, governments have geared up to respond to the socio-economic shock of the coronavirus pandemic. Early action in countries hard-hit by the crisis range from economic stimulus packages and the lowering of interest rates to social safety nets
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Kristalina Georgieva, Managing Director of the IMF: Europe and the Global Recovery in 2021
We are at a point in our history where it is paramount to concentrate on what this crisis entails, what are the risks and opportunities a recovery will present to us, and how to bring the world together. These will
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PwC Africa: Africa’s Finance Leaders Take Steps to Ensure the Safety of Workers
As lockdown regulations are eased all over the world, business leaders are recognising that they have a critical role to play in the safety, health and stability of their employees and customers. While business leaders implement new policies and processes
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Lord Waverley: Making the Case for Emerging Markets
The world awaits what emerges from post-Covid traumas. States will be required to consider how to balance budgets, how to derive income from which aspects of the economy to pay for essential services. There will be those who will dig
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European Investment Bank: A United Europe Can Emerge Stronger From the Pandemic
The most marked economic impact of the COVID-19 crisis is on small businesses, which find themselves with insufficient resources to fight for survival. They need co-ordinated relief, and a collaborative international effort is the obvious way to face the problem.
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How Will the Pandemic Impact Pay Equity Within the Finance Industry?
The financial services industry is at a turning point. Though there is evidence to suggest that the global coronavirus pandemic could set back several years’ worth of hard-earned progress in closing the gender pay-gap in the sector, it has provided
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