Member Views

How Does the World Bank Spend Its Climate Money?

BWC member Scott Morris and colleagues at the Center for Global Development have found that the World Bank "has a climate portfolio skewed toward mitigation" and say it's important to "apply more scrutiny to how the World Bank is spending climate money and not simply how it is raising it."

How Germany’s Security Strategy Incorporates Economic Resilience

BWC member Hung Tran writes that it's hard enough "to outline a strategy that addresses all three pillars - defeinse, resilience, and sustainability - but as Germany illustrates, it's even harder to mobilize the financing and domestic support to put that strategy into action."

How Large Regional Banks Can Succeed in a Higher Interest Rate Environment

"An intensification of regulatory focus of large regional banks' management and oversight of interest rate risk, credit spread risk and liquidity will require a bold and intentional response," says Marcus Burnett, founder and chief executive of BWC member SOFR Academy. "We see five priorities for leading banks to get ahead of upcoming changes."

How Long Will the Great Reflation Trade Last?

Analysts expect the global economy to expand by 6% or more this year, the fastest pace in decades. The US will lead the way, but growth in Europe should also bounce back as the year progresses. And, of course, the Chinese economy will record another solid performance. 

How multilateral development banks can deliver climate action

The 2022 Annual Meetings of the World Bank and the International Monetary Fund in Washington, DC will take place against perhaps the bleakest background in decades, from the aftermath of COVID-19 to the war in Ukraine, climate change and inflation pressures. 

How the Art World is Embracing Technology in the Digital Age: Opinion

BWC member Michael Greenwald of Amazon Web Services writes that "the art market has the power to be a champion of modernization in finance."

"Cloud companies are uniquely positioned" to help enable the art world to adapt and evolve as leaders in the financial space.

How the ECB can tackle fragmentation in the eurozone

The European Central Bank is faced with a dilemma. It needs to tighten monetary policy in order to rein in unexpectedly high inflation and at the same time prevent fragmentation of financial markets across the eurozone.

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How the IMF can navigate great power rivalry

BWC member Hung Tran recently published an issue brief with the Atlantic Council titled How the IMF can navigate great power rivalry. The work addresses how power competition has raised mistrust and undermined cooperation as well as explores how policies to promote de-risking have deviated from the IMF template and how systems are coping with the consequences of fragmentation.

How the Transatlantic Trade Agenda Can Get Its Groove Back in 2020

EU Commission President Ursula von der Leyen and US President Donald J. Trump articulated an ambitious—and familiar—trade policy agenda in Davos on January 21.  Once again, Brussels and Washington will attempt to negotiate a bilateral free trade deal. 

How to Make the Global Economy Work for Everyone

A period of unprecedented prosperity is threatened by a sense that not everyone benefits from integration.

Since the end of World War II, a broad consensus in support of global economic integration as a force for peace and prosperity has been a pillar of the international order.