Draghi and Italy future depends on Berlusconi, Why the dollar won’t be as strong as many think, and more
Latest opinion and analysis from OMFIF around the world
3-7 January 2022, Vol.13 Ed.1
Draghi and Italy future depends on Berlusconi: Veteran populist Silvio Berlusconi appears a credible candidate as Italy’s next president. He faces possible conviction in impending trials over various alleged misdemeanours. This juxtaposition underlines the quirky nature of Italian politics. And it explains why financial markets and policy-makers are on tenterhooks awaiting Berlusconi’s decisions on the political future of Prime Minister Mario Draghi, writes Antonio Armellini. Read more.
Why the dollar won’t be as strong as many think: Many analysts project significant dollar strength in 2022 on the back of a hawkish Federal Reserve stance relative to other major central banks. These relative stances should indeed underpin the dollar, especially as Fed hikes support the short end of the curve. But the narrative of a significantly strengthening dollar could well prove overdone, writes Mark Sobel.
Central America: Resilience, recovery and sustainability: Ahead of the ‘Central America: resilience, recovery and sustainability’ report, OMFIF’s John Orchard spoke with Dante Mossi, executive president of CABEI, and Ken Chang-Keng Chen, CABEI director for the Republic of China, Taiwan, on investment opportunities in Asia and the growth of sustainability projects across Central America.
Jingdong Hua’s retirement reflections on development finance: Jingdong Hua shares his reflections as he retires as treasurer from the World Bank after an extensive career in development finance. In an interview with David Marsh, chairman of OMFIF, he discusses the role of multilateral development banks in a post-Covid-19 world, tackling climate change and how to strengthen capital markets in emerging economies.
The fight for your digital wallet: The monetary landscape is being transformed by an increasingly aggressive fight for your digital wallet. What started slowly with bitcoin in 2008 has now become an inevitable reality: private digital currencies are here to stay. Even central bankers have started looking at issuing a widely available digital version of sovereign money to fend off the private attacks, writes Marcelo Prates.