There is increasing interest in green, social and sustainable bond issuance among sovereigns in Latin America. But, unlike their European counterparts, the region is not gravitating towards a single taxonomy. Experts often say the lack of a universal taxonomy in defining what is ‘green’ is a hurdle to developing a GSS bond market. But that is not case in Latin America.
Kwarteng’s growth plan: great idea in principle, calamitous in execution By Brian Reading The special fiscal operation launched by Kwasi Kwarteng, new UK chancellor of the exchequer, has some commendable elements in principle, but has been disastrously ruined by grave underlying policy errors and dogmatic execution.
MEETINGS Macroeconomic consequences of environmental degradation with the Central Bank of Chile Wednesday 19 October, Roundtable Elias Albagli, director of the central bank’s monetary policy division, analyses the macroeconomic consequences of environmental degradation and discusses the research agenda of the bank’s Environmental Economics Group.
LATEST REPORT Blockchain for public finance In collaboration with EY, this report studies the degree to which digital technology could improve the efficiency and transparency of public finance management.
