Tag "coronavirus"

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Anshula Kant, MD and CFO of the World Bank Group: Power of Capital Markets in the Battle Against COVID-19

Managing Director and World Bank Group CFO Anshula Kant reflects on the crisis engulfing the world, and the opportunities we have to build back. I can’t remember a time in my life when a single event has mobilised the entire

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Chinese Tech Companies Face US Ban

This is perhaps not the best time to confront China. The corona pandemic is far from over and its effects on global markets has only begun to reverberate. An economic depression may well be in the making. Not that the

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Interest Rate Hike Key to Turkey’s Economic Fortune

Amidst the cacophony produced by Messrs Trump and Jinping, the drumbeat of a small war was almost drowned out. Last month, a flotilla of eighteen Turkish warships converged on Kastellorizo, an idyllic island of the Dodecanese, to ‘protect’ a research

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Harvard Business School Impact-Weighted Accounts: Accounting as a Force for Humility and Prosperity

Amid the immeasurable human tragedy and losses from the COVID-19 pandemic, there are innumerable lessons to be learned. While it may seem callous to derive such lessons from the disaster so early, finding meaning has been added as a sixth

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EU Cements Union and Recovery Package

Union leaders have agreed on a landmark €750 billion post-corona EU recovery package that authorises the European Commission to issue bonds for the first time ever. Hailed as a ‘historic day’ for Europe by President Emmanuel Macron of France, the

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Otaviano Canuto: Economic Recovery From the Pandemic May Come to Resemble a Square Root

Signs of recovery in various parts of the global economy started in May, after the depressive dip imposed by Covid-19. They emerged after the easing of restrictions on mobility and reflected policies of flattening the recession curve (income transfers to

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Reimaging Leadership Post COVID-19: Dreaming Health, Social and Planetary Equity Into Being

To achieve a limitless mindset-based leadership, a leader not only needs to be a visionary, a good strategist, focused on executing and delivering results, possess diverse experience and background, and have a reasonable level of technical knowledge, but s/he also

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Global Markets Stall as Future Remains Uncertain

In this era of big and bigger numbers, the size of the US budget deficit – $864 billion in June – dwarfs all else. In a single month, the US Treasury overspent about the same amount as the entire post-corona

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EU Prime Ministers Beat a Path to The Hague

This month, The Hague has become the destiny of choice for EU prime ministers and presidents embarking on a pilgrimage to placate, woo, mollify or pay homage to Saint Mark – the self-anointed patron of the frugal. In his impressively

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UNCTAD: COVID-19 Has Hurt Global Investment but the Recovery Offers the Chance to Build a More Sustainable Economy

The crisis caused by the COVID-19 pandemic has severely impacted investment and trade flows, but it arrives on top of existing challenges to the system of international production and trade. Flows of cross-border investment in physical productive assets stopped growing

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