[Skip to Content]

Register to receive the weekly OMFIF Commentary, on the stories behind global economic and financial news.

* Required Fields

Member Area Login

Forgotten Password?

Forgotten password

News And Commentary

Chinese dilemma as growth accelerates

Last week China announced the economy had expanded by 6.9% over 2017. Even if the statistics are correct, it will be hard to sustain the pace, writes Danae Kyriakopoulou. Credit expansion has been a big driver of growth. The balancing act between sustaining growth and deflating credit levels is becoming difficult.

Read More

IMF, ECB join forces on Germany

The IMF and the ECB have joined forces in an unusual attempt to persuade Germany to adopt more Europe-orientated economic measures as part of the convoluted round of policy discussions, writes David Marsh. Christine Lagarde criticised Germany's long-running current account surplus of around 8% of GDP.

Read More

Trump 'triumphant'

The media and political establishment are in denial about Donald Trump's success as US president. Trump's style is different, but he managed to get a tax bill passed and the economy is performing well. One issue still open is whether he will get budgetary support for his infrastructure plans, writes Meghnad Desai.

Read More

Trump policies 'will harm US'

In declaring strong US stock markets as proof of Donald Trump's sound leadership, his supporters opt to ignore that markets rallied by 35% in Barack Obama's first year in office. Trump's tax cuts, which could damage growth and widen the US trade deficit, raise more doubts about his stewardship, writes Desmond Lachman.

Read More

UK and German debt management lessons

Britain and Germany can draw similar lessons, from the macroeconomic and financial viewpoints, from two decades of running debt management offices. That was the message from an OMFIF discussion between Robert Stheeman and Tammo Diemer, heads of the UK and German debt management offices.

Read More

German fight over Schäuble largesse

Talks in Germany on renewing the CDU/CSU-SPD coalition will determine more than Angela Merkel's future, writes David Marsh. While cautious about setbacks, the SPD is tempted by a chance to spread across Europe an estimated €60bn of budgetary largesse amassed at the finance ministry under Wolfgang Schäuble.

Read More

Japan-China financial co-operation

Enhanced co-operation between China and Japan is likely to be one of the prime trends to follow this year, write Adam Cotter and David Marsh. For President Xi Jinping and Prime Minister Shinzo Abe, Donald Trump's shift towards unilateralism is an incentive to identify shared interests and improve regional ties.

Read More

Austerity fails to eliminate UK deficit

Seven years of austerity have failed to eliminate Britain's budget deficit. Growth has suffered. Real incomes have shrunk. History warns against going for growth, but it may be worth the risk. Austerity depresses demand, but increased demand could raise prices more than production, writes Brian Reading.

Read More
View all news and commentary

Meeting CalendarView All Forthcoming Meetings

Promoted Meeting VIEW PHOTO GALLERY

The launch of the Barclays Africa Group Financial Markets Index in Ghana. Panellists included George Asante, head of markets at Barclays Africa Group, and Danae Kyriakopoulou, chief economist at OMFIF.

Bull market has further to run

OMFIF Chart

Investment Clock: Bull market has further to run

The world is experiencing one of the longest economic expansions since records began and there's no end in sight, with muted inflationary pressures keeping interest rates low. Stock markets like this not too hot, not too cold 'Goldilocks' backdrop.

Global infrastructure finance falls

OMFIF Chart

Global infrastructure finance falls

Global infrastructure financing has fallen short of its potential.Private sector investment and institutional investor capital are often raised as possible solutions for filling the infrastructure funding gap.

Regulatory freedom brings prosperity

OMFIF Chart

Regulatory freedom brings prosperity

Productivity and economic growth continue to disappoint in most countries. Although analysts show a great deal of concern for the so-called 'productivity puzzle', little attention is paid to the real solution: freer markets and increased competition.

Bull markets don't die of old age

OMFIF Chart

Investment Clock: Bull markets don't die of old age

Stock prices have been rising for more than eight years, but bull markets don't die of old age. There are few signs of the excessive growth, valuation or financial leverage that usually signal the approach of a bear market. With interest rates below inflation, it is unsurprising that money continues to flow into markets.

  • 1
  • 2
  • 3
  • 4
Race for survival between western leaders

Advisory Board

Race for survival between western leaders

This month's advisers network poll focuses on the future leadership of Germany, the UK and the US. Members of the network were asked: 'Who will stay in office longer — Theresa May, Donald Trump or Angela Merkel?'