The world order seems to be fraying before our eyes. Russia’s war against Ukraine, US-China tensions, America’s shameful failure to provide Ukraine with more weaponry, Donald Trump’s threats of an isolationist US pullback from the globe, Israel and tensions in the Middle East. It’s time to reinvest in the bricks and mortar of the global order, but the prospects are dim, especially in America.
Donald Trump’s warning that, should he win the November election, the US could withdraw military cover from European countries that underspend on defence could provide the tonic that Nato needs.
OMFIF explores the macro trends and development of emerging economies, delving into both regional and national outlooks. Through reports, articles, events and podcast discussions, OMFIF analyses measures for improving public finances and sustainability.
Steven Kamin, senior fellow, American Enterprise Institute, explores the dollar’s role in the global financial system and the lack of viable prospects for other currencies gaining greater traction.
Jay Shambaugh, under secretary for international affairs, and Brent Neiman, deputy under secretary for international finance at the US Treasury, join Mark Sobel, US chair at OMFIF. Watch →
Financial inclusion is key to unlocking economic potential in the Middle East and Africa. This report, in collaboration with Mastercard, examines initiatives in the region.
