SDR proposals could help reset international monetary system, What central banks do next is vital for global economy, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
22-26 March 2021, Vol.12 Ed.12
Most-Read Commentary
SDR proposals could help reset international monetary system: The International Monetary Fund’s special drawing right is undergoing a renaissance, with worldwide repercussions. The announcement of the largest-ever increase in SDR allocations, which will improve the liquidity of many developing nations, signals alignment between the US and China in a key area of global monetary power. The world’s monetary system may be approaching a turning point, write Willem Middelkoop and David Marsh.
Commentary What central banks do next is vital for global economy: Central banks, their independence and their price stability mandates are the alpha and omega when it comes to answering the question of whether we should be concerned about higher inflation after the pandemic. What they do next is vital for the global economy as it recovers from Covid-19, writes Mojmír Hampl. Read more.
Video Stonked? Stability in the face of social networks: 2021 opened with a new challenge to market stability: individuals combining the power of social networks with platforms that facilitate access to capital markets. OMFIF and the CME Group bring together a panel of experts to consider how technology has opened up the markets to new participants. Watch.
Podcast Is this the best we can do?: OMFIF’s 8th annual Gender Balance Index found that fewer than 1% of leading global financial institutions have achieved gender balance. Patricia Haas-Cleveland, OMFIF’s president, US operations, and Forbes contributor Carmen Niethammer discuss the report’s findings and their implications. Listen.
Commentary Super Mario and the return of supply-side economics: The appointment of Mario Draghi as prime minister of Italy boosted hopes that he will do what nobody else has managed to: address Italy’s structural weaknesses. Reforms and investment plans envisaged by Draghi provide great opportunities, writes Massimiliano Castelli. Read more.
