The collapse of the UK government’s reputation for economic competence has repercussions spreading well beyond the domestic sphere. Diminished British standing on the world stage will weaken UK authority in the G7 array of industrialised countries at a crucial time, particularly over the war in Ukraine. Liz Truss’s combination of insouciance and stridency, accompanied by a U-turn over tax, does not bode well for a prime minister still in her first month in office.
UK DMO chief confident despite chaotic gilt market By Burhan Khadbai To call it unprecedented would still not do justice to the chaotic market environment in which the UK Debt Management Office issued a syndicated gilt on 28 September. ‘We had to press on,’ said Robert Stheeman, chief executive of the UK DMO.
MEETINGS Macroeconomic consequences of environmental degradation Wednesday 19 October, Roundtable The Central Bank of Chile has been increasingly focused on the interaction between the environment and economy. Elias Albagli, director of the bank´s monetary policy division, joins OMFIF to analyse the economic consequences of environmental degradation.
ON DEMAND In conversation with Charles Evans: the future of the US economy Charles Evans, president of the Federal Reserve Bank of Chicago, joined OMFIF for a live broadcast. In conversation with OMFIF Chairman David Marsh, Evans offered his view on the state of the US economy as well as the outlook for the coming years.
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.
