Member Views

Blockchain’s Broken Promises

Boosters of blockchain technology compare its early days to the early days of the Internet. But whereas the Internet quickly gave rise to email, the World Wide Web, and millions of commercial ventures, blockchain's only application – cryptocurrencies such as Bitcoin – does not even fulfill its stated purpose.

George Soros: Remarks delivered at the World Economic Forum

Good evening. It has become something of an annual Davos tradition for me to give an overview of the current state of the world. I was planning half an hour for my remarks and half an hour for questions, but my speech has turned out to be closer to an hour. I attribute this to the severity of the problems confronting us.

‘Refugee bonds’ could help Bangladesh cope with Rohingya emergency

With almost half of Myanmar’s million-strong Rohingya population having poured into next-door Bangladesh by land and sea to flee military and civilian attacks by the Buddhist majority, Prime Minister Sheikh Hasina and her ruling Awami League party have appealed to the international community for help in defraying the annual costs of the mass influx, estimated by a local economist at between US$800 million and $1 billion.

Surveillance: Recession Risk With Blanchflower (Podcast)

John Lipsky, Former IMF First Deputy Managing Director, says data integrity is central and critical to the IMF.

The World Bank & AI: Leveraging AI to Accelerate Global Investments for Economic Development and Climate Finance

Artificial Intelligence (AI) is at the core of the future of the global capital markets. The World Bank can capitalize on it by leaning in from a governance and operational standpoint to leverage AI to accelerate investments for emerging markets and developing economies (EMDEs).

Washington’s Oil Price Cap Won’t Work-And Putin Knows It

For the past several months the U.S. has been shopping around to other advanced democracies a coordinated scheme to place a cap on the price Russia can charge on its energy exports to deprive Putin of revenues fueling his war in Ukraine.

Why The Macroeconomic Policy Framework Needs An Overhaul: Lessons from Japan and the Great Recession

Paul James Sheard is an Australian-American economist. He is Senior Fellow at Harvard Kennedy School's Mossavar-Rahmani Center for Business and Government, after previously being Vice Chairman of S&P Global.

Paul spoke at the Boston Economic Club on why the macroeconomic policy framework needs an overhaul and suggested how.