By Ellie Groves and Taylor Pearce
The response from the European Commission after the 2008 financial crisis was slow and partial. Having learned from these missteps, the European Union’s response to Covid-19 was swift. The Russian invasion of Ukraine has posed yet another crisis. The EU has an opportunity to harness these crises to implement much-needed reform within its institutions and member states.
| Structural reforms required to safeguard democratic future|
By Sunil Sharma and William White
Macroeconomic stabilisation policies cannot address the deep structural problems that confront advanced democracies. Pretending that they can poses a threat to democracy itself as a worsening economic reality increasingly disappoints popular expectations.
| World order may fragment following Ukraine conflict|
By Meghnad Desai
The Ukraine war has lasted for two months and there is no end in sight. The longer it lasts, the greater the threats to global realities become. Nato will watch as a non-combatant. Biden may huff and puff, but he is unwilling to blow Putin’s house down.
| ON DEMAND |
Fireside chat with Wally Adeyemo
Wally Adeyemo, deputy secretary of the US Treasury, joins Mark Sobel, US chair, OMFIF, for a broad discussion on the fiscal outlook of the US. Their discussion covers international comparisons of recovery, sanctions, Afghanistan and more.
Moving beyond ESG
Anne Simpson, newly appointed global head of sustainability at Franklin Templeton, joins Emma McGarthy, head of OMFIF’s SPI, to discuss the need for a more holistic approach to ESG issues. They examine the convergence of standards, the impact of the newly created ISSB and more.
| Forging the path to international standards in sustainable finance|
OMFIF has joined forces with Luxembourg for Finance to consider what is required for the standardisation of sustainable finance. Taking insight from interviews with experts across the financial sector and real economy, this report explores the latest developments in taxonomy regulation and reporting frameworks.