Commentary: ‘Superstar firms’ fuel price volatility
By Pierre Ortlieb in London
Globalisation and technological advances have allowed a small number of firms to become dominant within their industries. These ‘superstar firms’ operate within global value chains, reap the benefits of economies of scale and network, and monopolise industry sales. Companies are more powerful, but prices are more volatile. This shift complicates the tasks of monetary policy-makers and muddles the transmission of inflation policy via prices. In response, they may continue to guard aggressively against inflationary risks.
Read the full commentary on the website.
Meeting: Roundtable with Ambassador Patrick Suckling
Friday 22 March, Singapore, 12:30 SGT
A roundtable discussion with Patrick Suckling, ambassador for the environment at Australia’s Department of Foreign Affairs and Trade, exploring different approaches in transforming green finance. Attendees will discuss opportunities to collaborate with financial institutions and promoting global policy standards to achieve sustainable finance initiatives.
Request to attend the meeting.