Tag: Financial Markets

A Silent Wave of Financial Stress Threatens Crisis in Emerging Markets

| 5 September 2022
Blog | Tags: Debt, Financial Markets
A silent wave of financial stress is running through world markets and will soon crash onshore. The yield on long-term sovereign debt is a measure of pressure. It is no surprise that you can’t easily find prices for Sri Lankan, Ukrainian, El Salvadoran, Venezuelan and ... continue reading

Finance, Growth and Inequality

and | 31 March 2016
Fiscal, Monetary, Blog | Tags: Financial Markets, Inequality
Finance is the lifeblood of modern economies, but too much of the wrong type of finance can hamper economic prosperity and social cohesion. We have taken a holistic approach to study the consequences of finance for the inclusiveness of growth, in the spirit of the ... continue reading

“What’s it for?” – Moral responsibility in an age of globalization

| 2 December 2012
Trade, Blog | Tags: Financial Markets, G20, WTO
Several years ago, I was approached by an Indian student following a lecture I had given on globalization and the interdependence of markets through cross-border flows of goods, services, ideas, knowledge, science and people. His question was: “But what’s it for?” In the late 20th/early ... continue reading

Why a financial transaction tax is good for your pension

| 23 October 2012
Fiscal, Blog | Tags: Financial Markets, Financial Transaction Tax
Before the end of 2012, it is likely that 9 EU Member countries will invoke the “Enhanced Co-operation Procedure” and move ahead with a Financial Transactions Tax (FTT), that, if it had broad coverage of financial instruments and players would raise over USD$30bn, providing a ... continue reading