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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UNCDF: Revolutionising International Municipal Finance is Focus of Bid to Tackle Climate Change and Open Global Markets

“They have been drivers of progress throughout history, and now – as the knowledge economy takes full flight – they are poised to play a leading role in addressing the challenges of the 21st Century,” wrote former Mayor of New

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The Importance of Promoting Financial Stability and Growth through International Regulatory Coherence

By Nandini Sukumar, Chief Executive Officer, The World Federation of Exchanges One of the World Federation of Exchanges’ (WFE) strategic priorities for 2019 is the issue of regulatory coherence. The primary reason for this is that the WFE and its

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World Federation of Exchanges (WFE): Encouraging Investment in Emerging Markets Hinges on Co-operative Effort

Emerging market exchanges and policy makers are keen to encourage international investors, who play an important role in the development of emerging economies’ public markets. International investors can provide additional capital, enhance liquidity, promote greater competitiveness and adherence to standards

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Partners Who Put Their Faith in Egypt’s Burgeoning Economy

Aly El Ghannam and Marwan El Khedry – “The Partnership”, as they choose to be called – established Ostoul Capital Group in Egypt in 2015. With more than a quarter of a century of experience between them in the capital

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From Little Things, Big Things Grow: Ostoul’s Acorn Becoming an Oak

At a time when the risk of setting up a fully fledged investment institution that offers an incomparable range of services was exceptionally high, Ostoul Capital Group still took on the challenge and over a mere span of three years,

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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures

China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as

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MIGA Exclusive Interview: Business Priority to Work With All People

Interview from February 2019, with Keiko Honda, Executive Vice-President and CEO of the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA).  CFI.co: You have been at the head of MIGA for almost six years. Is there a key lesson that

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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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