Import substitution and the economic downfall of Argentina
At the beginning of the 20th century, Argentina was the fifth largest economy in the world. Many at the time expected it to rival the US economy. In the 1950s, Argentina’s gross domestic product per capita was twice that of Spain and three times that of Japan. Today, Argentina is a completely different story. It has defaulted nine times in total ...
Read more Commentaries

Import substitution and the economic downfall of Argentina
How misjudged policies led the economy astray ...
Commentaries

What is fair value? Price discovery for smaller issuers gets tougher
Calculations are complicated by increased subjectivity ...
Video

Hungarian borrowers in the global bond markets
This discussion brought together funding heads from Hungary’s sovereign bond issuance programme and from experienced ...
Podcast

Enhancing retail government bond programmes to improve diversification
In the second part of a special mini-series on the European retail government bond market, ...
Meetings

Future of bond market infrastructure survey launch
7 December 2023
The global bond markets have long been criticised for being inefficient, lacking integration and lagging ...
Reports
Digital assets 2023
With the launch of bitcoin in 2009, a parallel financial system was created. For a few years, it languished in obscurity but, as its fame ...
Read report Global Public Investor 2023
OMFIF’s Global Public Investor report goes further than ever before to unpack reserve managers’ economic views, investment plans and internal operations. The 2023 edition features ...
Read report Public Sector Debt Outlook 2023
The public sector bond market has entered a new era, with high inflation, fast rising interest rates and uncertainty around the future of monetary policy, ...
Read report Global Public Pensions 2022
Protecting gains, generating returns, building sustainable assets and improving operating models top priority lists, according to OMFIF survey The 2022 edition of OMFIF’s Global Public ...
Read report