Content

New Atlanticist

Aug 21, 2020

Unconventional monetary policy is not a free lunch in Europe or the United States

By Andrzej Rzońca and Grzegorz Parosa

The European Central Bank and the US Federal Reserve responded to the economic effects of the COVID-19 pandemic with a similar prescription to the one they used during the Global Financial Crisis (GFC), but this time they multiplied the dose.

Coronavirus
European Union

New Atlanticist

Aug 18, 2020

Pakistan races to avoid financial watchdog blacklist

By Safiya Ghori-Ahmad

The Pakistani Senate is racing to approve multiple bills to prevent money laundering and terrorist financing—and fulfill a twenty-seven-point plan from global watchdog Financial Action Task Force (FATF). With thirteen remaining conditions and an eye on the mid-October deadline, Pakistan is hoping to avoid a demotion from the FATF’s grey list to the blacklist, joining countries such as Iran and North Korea.

Financial Regulation
International Financial Institutions

New Atlanticist

Aug 6, 2020

Argentina reaches key debt deal amid COVID-19 downturn

By Valentina Sader

Avoiding its ninth default, this deal opens avenues for renewed confidence in the government’s ability to continue to safeguard the economy while establishing a necessary long-term macroeconomic plan for Argentina.

Argentina
Coronavirus

New Atlanticist

Aug 5, 2020

The IMF, the World Bank, and South Asia in the face of COVID-19

By Capucine Querenet

Given the region’s deteriorating economic outlook, heavy funding from International Financial Institutions (IFIs) is crucial to prevent a prolonged public health crisis and financial woes. Unfortunately, this has not yet materialized.

Coronavirus
International Financial Institutions

New Atlanticist

Aug 4, 2020

As COVID-19 spreads, Africa needs another “London Moment”

By Vasuki Shastry and Jeremy Mark

Last month’s Group of Twenty (G20) finance ministers’ meeting proved that the international community is too cautious about helping Africa in its time of need. Is the G20 prepared to face the consequences of its inaction?

Africa
Coronavirus

New Atlanticist

Jul 28, 2020

As central banks implement coronavirus rescue plans, has moral hazard been forgotten?

By Hung Tran

With financial markets beginning to astoundingly recover, despite continued economic pain and an uncertain pandemic picture, the fear of moral hazard seems to have been forgotten.

Coronavirus
Financial Regulation

GeoTech Cues

Jul 22, 2020

Meet a Fellow: Nikhil Raghuveera

By the GeoTech Center

Fellows are an integral part of the GeoTech Center’s mission, providing experience in a variety of fields and a wide array of perspectives and expertise. The Meet a Fellow Series will regularly share presentations by GeoTech Center Fellows on ongoing research they are carrying out that aligns with the Center’s focus. The goal of this […]

Digital Policy
Economy & Business

New Atlanticist

Jul 21, 2020

To pave the way for a sustainable recovery, show the data

By Valerie Rouxel-Laxton

There is a disconnect between a continued focus on traditional metrics judging economic growth on the one hand and the absence of sustainability metrics being presented to policymakers

Coronavirus
Inclusive Growth

UkraineAlert

Jul 16, 2020

Will Ukraine’s new central bank chief be independent?

By David Clark

President Zelenskyy has appointed Kyrylo Shevchenko as Governor of Ukraine's National Bank but questions remain over whether the new NBU chief will be able to remain truly independent.

Democratic Transitions
Economy & Business

New Atlanticist

Jul 15, 2020

The G20 needs to do more to address the human toll of COVID-19

By Jeremy Mark

If the wealthy countries cannot support measures to stave off a humanitarian crisis, the damage will run deeper than the resurgence of hunger and disease. The political repercussions will take the shape of civil strife, extremism, and mass migration. The G20 will do irreparable damage to social cohesion and international cooperation if it fails to act decisively.

Coronavirus
G20

Experts