IMF must review role of capital flows and international trade treaties

IMF must review role of capital flows and international trade treaties

Wednesday 23 February 2022 – Vol.13 Ed.8.3

Commentary: IMF must regain lost territory

By Kevin Gallagher and Rachel Thrasher

Often depicted as a rigid institution averse to change, the International Monetary Fund deserves credit for embracing climate concerns, showing signs of abandoning austerity and calling out the G20 for its weak debt relief efforts during the pandemic. However, the most profound change came in 2012 when the...

https://allaboutshipping.co.uk/2022/02/23/imf-must-review-role-of-capital-flows-and-international-trade-treaties/

US should speak up on key issues at next week’s G20 meeting

US should speak up on key issues at next week’s G20 meeting

Friday 11 February 2022 – Vol.13 Ed.6.5

Commentary: US must strengthen IMF at February G20 meeting

By Meg Lundsager and Mark Sobel

G20 finance ministers and central bank governors gather on 17-18 February. Amid high-profile topics including inflation, key issues beneath the surface could challenge the International Monetary Fund’s global leadership role. Three such issues are Argentina’s relationship with the IMF, low-income country debt...

https://allaboutshipping.co.uk/2022/02/11/us-should-speak-up-on-key-issues-at-next-weeks-g20-meeting/

Covid-19 and climate crisis reshaping European fiscal landscape

Covid-19 and climate crisis reshaping European fiscal landscape

Monday 13 December 2021 – Vol.12 Ed.50.1

Commentary: Are the EU’s fiscal rules fit for purpose?

By Taylor Pearce in London

In response to the pandemic, the EU took extraordinary measures to prevent economic collapse. Though interventions were justified, they exacerbated vulnerabilities. The EU has been left more exposed, with a de facto fiscal union which is incomplete and more susceptible to future shocks. This was one of the key...

https://allaboutshipping.co.uk/2021/12/13/covid-19-and-climate-crisis-reshaping-european-fiscal-landscape/

ECB should keep eyes on inflation prize, End of Libor could trigger supply chain shock, and more

ECB should keep eyes on inflation prize, End of Libor could trigger supply chain shock, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

29 November-3 December 2021, Vol.12 Ed.48

Most-Read Commentary

ECB should keep eyes on inflation prize: Should central banks tighten early to combat inflation at the risk of triggering a serious slowdown, or risk higher inflation while propelling growth? This trade-off is easy to face for the European Central Bank. Excluding...

https://allaboutshipping.co.uk/2021/12/04/ecb-should-keep-eyes-on-inflation-prize-end-of-libor-could-trigger-supply-chain-shock-and-more/

Argentina, China and debt restructuring threaten IMF reputation

Argentina, China and debt restructuring threaten IMF reputation

Thursday 18 November 2021 – Vol.12 Ed.46.4

Commentary: IMF faces defining challenges

By Mark Sobel in Washington

The International Monetary Fund saturates the airwaves with flashy work on climate and re-channelling special drawing rights. But defining challenges for its future and reputation will soon descend upon it. They have to do with how the Fund manages implementation of the common framework on unsustainable low-income country...

https://allaboutshipping.co.uk/2021/11/18/argentina-china-and-debt-restructuring-threaten-imf-reputation/

Can Lagarde normalise monetary policy within the next two years?

Can Lagarde normalise monetary policy within the next two years?

Wednesday 3 November 2021 – Vol.12 Ed.44.3

Commentary: ECB should follow Fed’s transparency example

By Tim Bartz in Frankfurt

Twenty months into Covid-19, the European Central Bank is deliberating the end of the pandemic emergency purchase programme. David Marsh, chairman, OMFIF, spoke to Der Spiegel about how President Christine Lagarde has steered the central bank through this crisis, how she has calmed dissonance among factions of...

https://allaboutshipping.co.uk/2021/11/03/can-lagarde-normalise-monetary-policy-within-the-next-two-years/

Everybody loses in debate over Georgieva’s tenure, Inflation might break Brexit’s political magic, and more

Everybody loses in debate over Georgieva’s tenure, Inflation might break Brexit’s political magic, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

11-15 October 2021, Vol.12 Ed.41

Most-Read Commentary

Everybody loses in debate over Georgieva’s tenure: IMF Managing Director Kristalina Georgieva will continue in her role following allegations of data manipulation while at the World Bank. But this will tarnish more than Georgieva’s reputation. It has long been...

https://allaboutshipping.co.uk/2021/10/16/everybody-loses-in-debate-over-georgievas-tenure-inflation-might-break-brexits-political-magic-and-more/

Investors must be more critical of ESG funds, Georgieva to keep IMF role

Investors must be more critical of ESG funds, Georgieva to keep IMF role

Wednesday 13 October 2021 – Vol.12 Ed.41.3

Commentary: Over half of ‘low-carbon’ ESG funds are exaggerating claims

By John Plender in London

Investors around the world have an insatiable urge to invest in environmental, social and governance-orientated funds. Yet whether these funds will deliver on the ESG promise is another matter. Fund management groups have commercial imperatives as well as fiduciary obligations. That can...

https://allaboutshipping.co.uk/2021/10/13/investors-must-be-more-critical-of-esg-funds-georgieva-to-keep-imf-role/

Evergrande saga raises questions over global stability

Evergrande saga raises questions over global stability

Thursday 7 October 2021 – Vol.12 Ed.40.4

Commentary: Renminbi must depreciate following Evergrande fallout

By Freya Beamish in London

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...

https://allaboutshipping.co.uk/2021/10/07/evergrande-saga-raises-questions-over-global-stability/

Renminbi’s rise, 50 years after the dollar-gold shock, IMF shifts approach to low income countries and special drawing rights, and more

Renminbi’s rise, 50 years after the dollar-gold shock, IMF shifts approach to low income countries and special drawing rights, and more

THE WEEKEND REVIEW  – OMFIF

Latest opinion and analysis from OMFIF around the world

9-13 August 2021, Vol.12 Ed.32

Most-Read Commentary

Renminbi’s rise, 50 years after the dollar-gold shock: President Richard Nixon, in his TV address on 15 August 1971, announced unilaterally that America was reneging on the gold-dollar link. The consequences remain with us today....

https://allaboutshipping.co.uk/2021/08/14/renminbis-rise-50-years-after-the-dollar-gold-shock-imf-shifts-approach-to-low-income-countries-and-special-drawing-rights-and-more/

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