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Harnessing monetary and fiscal policy for a changing world

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Harnessing monetary and fiscal policy for a changing world

Wednesday 17 November 2021 – Vol.12 Ed.46.3

Commentary: Climate crisis will bring global stagflation

By Taylor Pearce in London

How much power do central banks have to address the climate change crisis? The answer, it would seem, is not much, especially if the implementation of global climate policy is postponed. Climate change will have a global stagflationary effect overall and will need to be addressed by tighter monetary policy. Whatever policies central banks do have at their disposal need to be implemented soon if they are to be of any use.

Read the full commentary on the website.

Meeting: Fiscal policy outlook for 2022

Wednesday 1 December 15:00-16:00 GMT

Economic reform is moving up the agenda of governments and treasuries around the world. Climate change, long-term growth and financial inclusion remain high on the agenda following the G20’s meeting in Rome and COP26 in Glasgow. Vitor Gaspar, director, fiscal affairs department, International Monetary Fund and former minister of state and finance of Portugal, joins OMFIF’s Mark Sobel to discuss global challenges and priorities in fiscal policy.

Register to attend here.

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