The result of Sunday's state Bavarian elections has badly shaken the unsteady Berlin coalition of Angela Merkel's CDU and the SPD, toughening the chancellor's already difficult task of winning consensus for strengthening the structure of European economic and monetary union, writes David Marsh.
The global economy is slowing, and headwinds are unlikely to disappear soon. But looking across small advanced economies – helpful indicators for the health of the world economy – suggests this is more a moderation in economic momentum than a marked slowdown, writes David Skilling.
When the Trump administration asserts that China steals intellectual property, violates foreign investor rights and engages in wrongful wholesale subsidisation of the economy, it stands on solid ground. Its assertions about 'competitive devaluations' by China, however, do not stand up to scrutiny, writes Mark Sobel.
African countries must deepen markets for national savings as a prerequisite for sustainable growth, Dondo Mogajane, director general of the South African Treasury, said in Bali, launching the second annual Absa-OMFIF Africa Financial Markets Index, this year in an interactive digital version.
Independence is one of central banks' most important attributes, but the way they exercise this has evolved. To navigate the impact of globalised financial conditions, central banks will need to revisit their policy frameworks. Their narrow mandates could be under pressure, writes Veerathai Santiprabhob.
Different development finance models using local currency instruments were analysed at a Singapore seminar led by KfW, the German state financing agency, DZ BANK and OMFIF. Delegates concluded that institutions needed to consider a variety of public and private finance initiatives.
Emerging market countries and advanced economies face similar challenges and potential rewards from a complex pattern of risk and opportunity in the world economy. That was a principal theme of a symposium in Bangkok on 'Shaping the future of central banks' organised by the Bank of Thailand and OMFIF.
High-tech 'smart cities' using latest planning, construction and financing techniques to lower congestion, cut energy use and raise living quality will succeed by learning from others’ failures, according to speakers on developing cities of the future at a Singapore meeting convened by Barings and OMFIF.