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Jul 22, 2020

Roberts on World Is One (WION)

By Atlantic Council

Dexter Tiff Roberts, an award-winning journalist and Nonresident Senior Fellow with the Asia Security Initiative at the Atlantic Council, speaks with World Is One (WION) News based in India about his research on China’s future economic trajectory. More about our expert

China Civil Society

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

New Atlanticist

Jul 20, 2020

Earnings season highlights pandemic challenges for banks

By Bart Oosterveld

Earnings reports from the week of July 13 by major US banks featured record losses related to non-performing loans and insights into how the banks plan to manage the upcoming year in terms of additional reserves.

Coronavirus Macroeconomics

Event Recap

Jul 10, 2020

Dr. Dambisa Moyo, panel reinvigorate debate on a Marshall Plan for Africa

By Africa Center

On Friday, July 10, the Africa Center hosted a panel discussion on whether the time has come for a Marshall Plan for Africa. The panel featured Global Economist and Author Dr. Dambisa Moyo, former US Congressman Dr. David Brat, and Africa Center Senior Fellow Ms. Aubrey Hruby. The virtual conversation was moderated by Africa Center Senior Fellow Mr. Gabriel Negatu, with opening and concluding remarks given by the Center’s Director of Programs and Studies Ms. Bronwyn Bruton.

Africa Corruption

UkraineAlert

Jul 10, 2020

Central bank chief’s political ouster discredits Ukraine

By Anders Åslund

In June, Ukraine secured a vital new IMF program. Continued National Bank of Ukraine independence was a key condition. However, within weeks, NBU chief Yakiv Smolii resigned citing political pressure.

Economy & Business International Financial Institutions

Issue Brief

Jul 7, 2020

Trade and financial fragmentation: New challenges to global stability

By Robert A. Manning

There is greater uncertainty today about the future of global trade than at any time since the post-World War II trading system was created seven decades ago. This was true before the COVID-19 pandemic froze much of the world economy; the health crisis has added a new layer of uncertainty. We are at a historic inflection point: the global trade regime urgently needs renovation and updating to meet new challenges, yet it is fraying and fragmenting.

China Digital Policy

New Atlanticist

Jul 6, 2020

Do deficits matter? Japan shows they do.

By Hung Tran

Japan is often a misleading example for those who downplay the problems of debt. Tokyo has run budget deficits throughout the past three decades, creating one of the world’s highest public debt to GDP ratios, without any adverse effect on inflation and interest rates. But this comes at the cost of high savings by the household and corporate sectors, which has hampered Japanese growth.

Coronavirus Fiscal and Structural Reform

UkraineAlert

Jul 1, 2020

Ukraine’s central bank chief resigns leaving Zelenskyy’s reform credentials in tatters

By Anders Åslund

Ukraine’s reform agenda suffered a serious blow on July 1 when Yakiv Smolii, the highly respected governor of the National Bank of Ukraine (NBU), resigned due to what he called “systematic political pressure.”

Financial Regulation Macroeconomics

New Atlanticist

Jun 30, 2020

Private lenders need to step up on African debt relief

By Jeremy Mark and Vasuki Shastry

While policymakers have called for a moratorium on developing countries’ debt payments, bankers and bondholders have raised the alarm about how such action would decimate their bottom lines. There will need to be another approach.

Africa Coronavirus

New Atlanticist

Jun 18, 2020

Kenyan President Uhuru Kenyatta says his country needs ‘fiscal space’ amid the COVID-19 crisis

By Larry Luxner

“Coronavirus is mainly a health issue, and our key focus is ensuring that we keep our people safe,” Kenyatta said. “But this is also an economic crisis because it has resulted in some key sectors hugely affected by lockdowns. We were forced to close our airspace, which affected tourism, a very critical part of our economy.”

Africa Coronavirus

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