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German and Chinese growth models are outdated, Nagel’s battle on two fronts: inflation and Europe, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
10-14 January 2022, Vol.13 Ed.2
Most-Read Commentary
German and Chinese growth models are outdated: Economists are understandably focused on the uncertain near-term global outlook. But medium- and long-term prospects are discouraging given demographics, US/China tensions, excess leverage, reshoring and often limited macro space. Accentuating these woes, the Chinese and German growth models are outdated and in need of overhauling, writes Mark Sobel. Read more.
Commentary Nagel’s battle on two fronts: inflation and Europe: The priority of new German Bundesbank presidents has been either fighting rising inflation or shoring up Germany’s sensitive currency alliances with European countries. Joachim Nagel faces both challenges. He is the first Bundesbank president to confront an inflationary threat without full control over interest rates, write David Marsh and Edoardo Reviglio. Read more. SPI Journal Greening the supply chain: Financial institutions are under intensifying pressure to implement environmental, social and governance considerations into their portfolios and investment practices. This is particularly evident with newly established reporting measures pushed by regulation. This edition of the SPI journal invited contributors to share their insights on developments in greening the supply chain. Read more. |
Commentary Outlook 2022: three phases of US politics: The best way to think about US politics in 2022 is to divide the year into thirds. It starts with unfinished business, pivots to mid-terms and ends with the launch of the next presidential race. Determining which party emerges dominant in 2024 will depend on their handling of Covid-19, inflation and China, writes Christopher Smart. Read more. Commentary Kazakhstan unrest highlights importance of offline payment functionality: Civil unrest in Kazakhstan has led to internet blackouts throughout the country. The crisis makes it clear that it will not be enough for central banks to develop an online digital currency transaction network while treating cash as the offline back-up, writes Lewis McLellan. Read more |