Events and a series of unforced errors leave Europe in a precarious state. How will the half-built political project contend with hostile neighbours, economic rivals and disengaging former allies on the one hand, and internal arguments about money, governance and demography on the other? David Marsh, OMFIF chairman, discusses his new book, Can Europe Survive? […]
Can Europe survive? Light at the end of the tunnel Read More »
With Asia warming at twice the global average, the transition to net zero makes both social and economic sense for the region. Executive Director of the External Department at the Hong Kong Monetary Authority, Kenneth Hui, joins OMFIF’s Editorial Director, Sarah Moloney, to discuss the HKMA’s approach to channelling capital to the sectors and regions
Channelling climate capital to Asia and beyond Read More »
National financial infrastructure is undergoing perhaps its most rapid period of change in a generation. The needs and expectations of consumers and businesses are evolving to meet a new digital age, and payments systems must evolve to keep up. Among the key developments are increasing real-time payments, growing cross-border flows and the emergence of cryptoassets
A new generation of financial infrastructure Read More »
Around the world, we’re seeing renewed attention to public debt and fiscal tightening, particularly as debt levels continue to rise in advanced economies. Governments face difficult trade-offs: cut spending on services, delay infrastructure investment or raise taxes. Mauricio Zelaya, partner and national economics leader at EY Canada, and Marie Diron, managing director of sovereign risk
Balancing delivery of public value with fiscal responsibility Read More »
Max Castelli, head of strategy for sovereign institutions at UBS Asset Management, joins Yara Aziz, senior economist at OMFIF, to discuss the future of the dollar in the global financial system. They explore UBS’s latest Reserve Management Survey findings, the dollar’s resilience, the rise of gold, digital currencies and whether any challengers are truly positioned
What’s next for the dollar? Read More »
Today’s tighter fiscal position around the world is pushing governments to find alternatives to finance their current expenditure and public investments, forcing them to think differently about how they fund and deliver essential services. Dean Yates, regional market segment leader in government and health sciences, Oceania, at EY, and Rainer Kattel, deputy director and professor
How to make public investment work Read More »
Richard Manley, chief sustainability officer at Canada Pension Plan Investment Board, joins Yara Aziz, senior economist at OMFIF, to discuss the key findings from a jointly published report, ‘Investing in a changing world: How public funds are addressing climate-related physical risks’. They explore the challenges public funds face in managing physical risk and where they
How public funds are addressing physical risk Read More »
Questions about the long-term viability of the dollar as the world’s supreme transaction and investment currency have been building up for years. But America’s chaotic foreign, economic and trade policies in the six months since Donald Trump returned to the White House have intensified doubts about whether the US currency will stay the course for
The dollar’s fight for supremacy Read More »
Although it frequently flies under the radar, ensuring central bank digital currencies are able to be used at point-of-sale is vital to their successful adoption. Lars Hupel, chief evangelist for CBDC at Giesecke+Devrient, joins Lewis McLellan, head of content at OMFIF’s Digital Monetary Institute, to discuss integrating CBDCs at point-of-sale, the strategic and economic benefits it
Point-of-sale integration: the hidden catalyst to CBDC adoption Read More »
Tighter fiscal positions in economies around the world present a challenge for governments, but also an opportunity to rethink public finance. Mark MacDonald, global public finance management leader at EY, and Udaibir Das, visiting professor at the National Council of Applied Economic Research, join Andrea Correa, OMFIF senior economist, to discuss the shift from viewing
Reframing public money: shifting the mindset from spending to investment Read More »
