Geopolitics was a big concern at the International Monetary Fund-World Bank meetings in Marrakech. US-China tensions, Russia’s war against Ukraine and fragmentation and reordered supply chains topped the agenda. But fears of escalation after the 7 October attack by Hamas on Israel into a full-blown Middle Eastern conflagration now loom large.
Multilateral development banks are exploring innovative solutions to boost their lending firepower to emerging markets for sustainable development. This includes the use of hybrid capital.
Bo Li, deputy managing director of the International Monetary Fund, explores the global effort to fight climate change, objectives for COP28 and mitigation and adaptation measures.
Barnabás Virág, deputy governor of Magyar Nemzeti Bank, joins David Marsh, OMFIF chairman, to discuss Hungary’s short- and long-term economic trajectory.
The seventh edition of this report evaluates the financial development of 28 African economies based on market accessibility, openness and transparency and the development of sustainable financial market frameworks.
