Renminbi must depreciate following Evergrande fallout, Policing the virtual frontier, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
4-8 October 2021, Vol.12 Ed.40
Most-Read Commentary
Renminbi must depreciate following Evergrande fallout: The collapse of Lehman Brothers helped trigger the global financial crisis. Evergrande is not a Lehman moment. But the web around Evergrande and other developers is complex, with holders of property assets peppered across the economy. Preventing distress from spreading will be difficult and decisive early action is paramount. The implication for international investors is that the renminbi must depreciate, writes Freya Beamish. Read more.
Commentary Policing the virtual frontier: The cryptocurrency debate is starting to sound like the longstanding war on drugs. Each of the main options has its steadfast and vociferous supporters. On the assumption that, in most democracies at least, the outcome to the debate is likely to be that of legalise and regulate, there will be three key initial questions, writes Philip Middleton. Read more.
Video Sustainable Policy Institute Symposium: OMFIF’s SPI brought together policy-makers, technology experts and investors on 29-30 September 2021 to push the boundaries of the discussion on the role of monetary policy, regulation and disclosure, as well as address key practical challenges, in driving greener financial markets to achieve net zero. Watch.
Podcast Developing sustainable business models: Pat Woo, global co-head for sustainable finance, KPMG, and Vikram Kumar, new business manager, infrastructure and natural resources, Asia Pacific, IFC, join Emma McGarthy, head of policy analysis, sustainability, OMFIF, to discuss the key elements and frameworks required for sustainable business models. Listen.Â
Commentary Congress must get its act together amid fiscal mayhem: ‘America is back,’ President Joe Biden has told the world. But for a country to lead and project power abroad, it must have good economic dynamism and it must have its act together. Political infighting, stalled legislation and an approaching debt ceiling are causing fiscal chaos, writes Mark Sobel. Read more.Â
