299
Solving Argentina’s economic failures will take hard work By Mark Sobel
With Javier Milei’s ‘surprise’ victory in Argentina’s primary election, global investors are now focusing on his highly unorthodox economic policy proposals. While he is right to call for massive fiscal consolidation to stop excess borrowing and to liberalise the economy, dollarisation would be a far too risky gamble. There is no silver bullet for the country’s problems, only hard work.
How debt-for-nature swaps can affect sovereign credit |
By Thorsten Nestmann |
The difficulties many emerging markets face in mobilising capital for climate-related initiatives, while already saddled with high debt burdens, have increased attention on debt-for-nature swaps. Read the full commentary → |
MEETINGS
Living with American power |
Monday 4 September, Webinar |
David Marsh, OMFIF chair, joins Z/Yen Group to explore unanswered questions of European monetary union, the future role of Nato in Europe and the world, and the ever-brittle relationship between the UK and its European neighbours. Register → |
ON DEMAND
Central banks in the digital age: harnessing data​​ |
Oliver Berger, head of Middle East & Africa at State Street Corporation, discusses IT transformations in central banks, the challenges and opportunities of big data for reserve management and technological solutions. Listen → |
LATEST REPORT
Global Public Investor 2023 |
The role of reserve managers has never been so challenging. The 10th edition of the report explores the pressing considerations and intentions of reserve managers with analysis split across six chapters. Download → |