China has proposed amendments to the 1995 law granting its central bank independence from the government, which would subject the financial system to the guidance of the Chinese Communist Party. The world’s central banking community should oppose such blatant erosion of the central bank status.
The necessary acceleration in the transformation of the global economy into a carbon-neutral one could have significant economic consequences on growth levels and price stability.
State Street Global Advisors and OMFIF’s annual roundtable features discussions on strategic issues impacting the investment community, examining their priorities and global challenges.
Pedro Duerte Neves, adviser for the board of directors and former vice governor of Banco de Portugal, joins OMFIF to discuss the global financial stability outlook.
This edition of the Bulletin examines the macroeconomic implications of climate change for policy-makers, central banks and investors. It looks at the impact of greenflation on growth, productivity and labour markets.