Distressed LICs need debt relief, not more new debt |
By Kevin Gallagher and Mark Sobel |
The International Monetary Fund and World Bank have established a new approach to what they view as a pervasive liquidity crisis in many low-income countries and some emerging markets. However, injecting more liquidity into these countries may pile on debt and lead to unsustainable debt overhangs. The inconvenient truth is that the IMF should lead on new initiatives for debt relief. Read the full commentary → |
The role of fixed income in the green transition
By Ulf Erlandsson
Fixed income is the biggest asset class in global financial markets and caters not only to corporates but also the sovereign, supranational and agency sector. Naturally, it is an important proportion of pension and sovereign funds’ portfolios and a key consideration in the green transition.
MEETINGS
Global Public Funds 2024
Thursday 5 December, Launch
OMFIF’s Global Public Funds 2024 reveals the investment intentions of public pension and sovereign funds. The report draws on the results of a survey, featuring interviews and contributions from public asset owners with a focus on attitudes to private markets, emerging market allocations and approaches to transition finance.
ON DEMAND
US Deputy National Security Adviser Daleep Singh on outcomes from G20
Daleep Singh, US deputy national security adviser for international economics and deputy director of the National Economic Council, joined OMFIF to discuss key accomplishments from the G20 summit and issues pertaining to economic statecraft and the global financial system.
LATEST REPORT
Future of payments 2024
This year, advancements in technology have instigated remarkably rapid change in the payments industry. OMFIF’s Future of payments 2024 report features an extensive survey of central banks on their concerns and priorities for payments in the near and long term.