With Javier Milei’s ‘surprise’ victory in Argentina’s primary election, global investors are now focusing on his highly unorthodox economic policy proposals. While he is right to call for massive fiscal consolidation to stop excess borrowing and to liberalise the economy, dollarisation would be a far too risky gamble. There is no silver bullet for the country’s problems, only hard work.
The difficulties many emerging markets face in mobilising capital for climate-related initiatives, while already saddled with high debt burdens, have increased attention on debt-for-nature swaps.
David Marsh, OMFIF chair, joins Z/Yen Group to explore unanswered questions of European monetary union, the future role of Nato in Europe and the world, and the ever-brittle relationship between the UK and its European neighbours.
Oliver Berger, head of Middle East & Africa at State Street Corporation, discusses IT transformations in central banks, the challenges and opportunities of big data for reserve management and technological solutions.
The role of reserve managers has never been so challenging. The 10th edition of the report explores the pressing considerations and intentions of reserve managers with analysis split across six chapters.