Despite near-constant predictions of its looming and imminent demise, the dollar remains king for many reasons. While the US has its share of economic and political problems, and other currencies such as the Chinese renminbi are beginning to play a larger role in global finance, dollar hegemony rests on far deeper and more durable foundations than the sceptics realise.
Impending demographic shifts pose unprecedented challenges for economies and societies around the world. But, as the new edition of the Bulletin shows, the message is not all doom and gloom.
This virtual roundtable will assess the latest economic outlook across the euro area, the UK and the US. It will explore inflation and growth expectations, the health of the global financial system and geopolitics in global markets.
Editor of the Digital Monetary Institute, Lewis McLellan, is joined by Douglas Elliott, partner at Oliver Wyman, and Larissa de Lima, senior fellow at the Oliver Wyman Forum, to discuss their views on the evolving paradigm for the future of money.
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.