Everybody loses in debate over Georgieva’s tenure, Inflation might break Brexit’s political magic, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
11-15 October 2021, Vol.12 Ed.41
Most-Read Commentary
Everybody loses in debate over Georgieva’s tenure: IMF Managing Director Kristalina Georgieva will continue in her role following allegations of data manipulation while at the World Bank. But this will tarnish more than Georgieva’s reputation. It has long been argued that the US/European duopoly of the IMF and World Bank is outdated and not fit for purpose. Committing to ending this duopoly could reinvigorate the reputations of the international financial institutions and their global relevance, writes Mark Sobel. Read more
Commentary Inflation might break Brexit’s political magic: IMF Prime Minister Boris Johnson has claimed that recent queues at petrol stations in the UK are part of a necessary adjustment to a high-wage, high-productivity economy. Economists are scratching their heads about how raising HGV driver pay, however desirable, will achieve this on its own, writes John Orchard. Read more.
Video Future of the euro area: The Covid-19 pandemic constituted a major challenge for European economies and has prompted new questions on the future of the euro area. This high-level seminar assessed the macroeconomic landscape following Covid-19, including monetary policies and fiscal responses undertaken by the European Central Bank, European Commission and nation states. Watch.
Video Absa Africa Financial Markets Index 2021: As Africa looks to build back better after the Covid-19 crisis, the 5th edition of the Absa Africa Financial Markets Index, compiled by OMFIF, is more important than ever. It is a vital part of policy-makers’ and market participants’ toolkit in this process and a benchmark for international investors looking to commit to the region. Watch.
Commentary Over half of ‘low-carbon’ ESG funds are exaggerating claims: Investors around the world have an insatiable urge to invest in ESG-orientated funds. Yet whether these funds will deliver on the ESG promise is another matter. Fund management groups have commercial imperatives as well as fiduciary obligations, writes John Plender. Read more.
