For proponents of Kondratieff waves, the signals of a plunge are all here. From slowing economic growth to high levels of inflation, so the argument goes, the current moment offers a striking similarity to previous periods in which growth stagnated for a considerable time. However, the notion of a Kondratieff wave is more helpful for what it tries to ask us about the requirements for a healthy, dynamic and growing economy, rather than as a predictive tool.
Reserves managers should reconsider fixed-income portfolios By Massimiliano Castelli and Philipp Salman Investors can improve the risk-adjusted return prospects of their fixed-income portfolios by embracing flexibility in their allocation to different fixed-income asset classes.
MEETINGS Blockchain for public finance management Tuesday 27 September, Launch The management of public finances is beset by problems of inefficiency and a lack of transparency. OMFIF, in collaboration with EY, launches a report to study the degree to which digital improvements could improve operational efficiency and oversight.
ON DEMAND Prospects for emerging markets Ayhan Kose, chief economist and director of the prospects group in the equitable growth, finance and institutions practice group of the World Bank, joins Mark Sobel, US chair, OMFIF, for a broad discussion on the global macroeconomic outlook.
LATEST REPORT Sustainable Policy Institute Journal In the summer edition of the journal, contributors lay out why the ‘S’ in ESG is becoming a priority for investors and why social and human rights issues are taking centre stage.
