Many central banks that have accumulated large balance sheets due to unconventional monetary policies are facing large losses as interest rates have increased. As a small central bank outside the euro area experiencing losses, the Czech National Bank provides a useful case study for why these losses aren’t necessarily a cause for concern.
Fertility rates worldwide are projected to decrease after 2050, but the headlines on Africa read differently. What does this mean for the continent’s long-term economic prosperity?
Nikhil Sanghani, OMFIF’s managing director of research, and Edward Maling, research analyst, discuss how challenges are influencing reserve managers’ long-term strategies in Africa.
This edition of the Bulletin sheds light on the challenges and opportunities presented by changing population dynamics. Some contributors note that shifting demographic patterns are cause for alarm, while for others, the message is not all doom and gloom.
