Member Views

The great IP debate in Canada

BWC member Daniela Bassan provided an update where she states that policy intervention is needed to close the, "significant gap in domestic-owned intellectual property in Canada ... and corresponding levels of R&D investment"

The Dangers of Money Market Funds

BWC member Hung Tran was recently interviewed by NPR Planet Money's The Indicator to help break down the essential things to know about money market funds, why they're important to the financial system, and why a default could destabilize this crucial piece of infrastructure.

Businesses Should Not Be Shocked By China’s Aggressive Decoupling Offensive

BWC member Harry Broadman writes that "executives... should not have been taken aback" by China's aggressive policy.

"They either did not do their homework... or they chose to ignore information presented to them about the increasing downside risks."

Kenya Debt Doomsayer Dodge Backfires

“'No default' – as President Ruto’s team loudly proclaims – is a catchy slogan, but skirting it alone will not change investor minds inured to debt-equity market, state-run company and bank-supervisor dysfunction", writes BWC member Gary Kleiman.

The Dollar (Again)

BWC member Warren Coats reminds us why the dollar is so dominant.

A reserve of payment currency "requires having safe assets with stable values... with deep and liquid markets in which they can be bought and sold."

"Currently the US dollar wins hands down."

Lola Adekanye

This week we would like to welcome new member Lola Adekanye, program director at the Center for International Private Enterprise.

Lola leads the business integrity and anti-corruption programs in Africa, and she works on a diverse portfolio that spans twelve countries and is leading the launch of a global due diligence product designed to standardize compliance for SMEs across Africa.

Towards a New Era of World Bank-Civil Society Partnership

Ajay Banga takes the helm of the World Bank at a singularly important time in determining the institution’s contributions to economic development. 

This is a time of severe economic/international debt distress for many developing countries, with higher levels of absolute poverty than have been seen in many years; a time of mounting public concern about climate change; and a time when authoritarian governments control nations that account for more than one-half of the world’s population.

The US Debt Ceiling Stalemate Threatens Money Market Funds—and Financial Stability

The "wrangling over the national debt ceiling has heightened uncertainty at the wrong time and is helping to raise the odds of a severe recession", writes BWC member Hung Tran.

It'll "exact an increasingly noticeable cost... for the whole economy."

Rajesh Swaminathan

This week we welcome new member Rajesh Swaminathan, general counsel & partner at Jasper Ridge Partners.

Rajesh oversees legal, compliance, tax, and human resources. Previously he was senior managing director and general counsel; regional general counsel for Europe, Middle East and Africa; and assistant general counsel in the alternative investments business at PineBridge Investments.

He has also been in private practice in the New York and Washington, DC offices of Cadwalader, Wickersham & Taft, LLP; Steptoe & Johnson LLP; and Davis Polk & Wardwell LLP.

QE and the Central Bank Hangover that Just Won’t End

BWC member Hung Tran was interviewed by Politico Europe recently. "'What happened... was clearly a case of the Fed overdoing it'... and the Fed made things worse... when it adopted the practice of targeting average inflation spanning the past and future."