Sovereign funds for a green recovery, Future of flows and imbalances
Thursda 2 July 2020 – Vol. Ed. 27.5
Commentary: Sovereign funds for a green recovery
By Danae Kyriakopoulou in London
Countries with sovereign funds face a dilemma over whether or not to use them to combat the Covid-19 pandemic. These nations have to balance objectives of stabilising present-day economies versus safeguarding wealth for future generations. But as governments engage in large-scale state-driven financial assistance to the private sector, they should also be thinking about how they can take advantage of the structure, expertise and experience housed in sovereign funds to support economies effectively and sustainably.
Read the full commentary on the website.
Meeting: Future of flows and imbalances
Wednesday 8 July, 20:00-21:00 SGT
Adam Tooze, professor of history at Columbia University, has drawn widespread praise for his sharp insights on the 2008 financial crisis, including in 2018’s Crashed; his work on the Covid-19 crisis is equally trenchant and perceptive. He joins OMFIF to discuss international monetary and financial policy in the age of coronavirus, historical analogues to the global pandemic shock, and the future of the world economy’s flows and imbalances.
Request to attend the meeting.
