Member Views

Are Businesses Ready for Deglobalization?

As we enter a new decade, characterized by rising economic complexity and geopolitical divisions — U.S.-China tensions, populism and nationalism in Europe, and the looming risk of a global recession

Answering Yellen’s Call for a Shake Up of the International Economic System

In these times of information overload it is easy to overlook groundbreaking news.  In the midst of the G7 walk out of the G20 meetings and subsequent inability of the International Monetary Fund to issue a communique at its annual meetings during a period of unprecedented economic uncertainty, US Treasury Secretary called for a fundamental reform of the international financial architecture.  This is a major event for US policy, which is at the epicenter of the problem and the solution.

An Audience with Dambisa Moyo: ‘There’s a lot More Pain to Come and it’s Not Fully Priced in’

The prominent economist, once named among the 100 most influential people in the world, considers discrimination and how the past can inform us about the future.

America’s Grassroots Saviors

At the same time that Donald Trump and congressional Republicans are failing to address critical issues such as economic insecurity and climate change, state and local governments are taking action. Across the country, Americans – regardless of class or party – are rolling up their sleeves and working to improve their communities.

Americans Don’t Want to Return to Low Wage Jobs

The hopes for a booming pandemic recovery — growth led by jobs gains in the millions every month — were dealt a blow in recent weeks by a disappointing April jobs report.

America Needs a Positive IMF Agenda

How will a new allocation of special drawing rights affect the global economy?

America Is Back: We Need a Trade Agenda That Shows It

America is back on the world stage. That’s the theme President Biden repeatedly hit during his first international trip this month, and throughout his first several months in office.

All Crises Open Up Opportunities to Think Afresh

The Bank of England’s chief economist calls on policymakers to jolt companies towards fairer, more productive ways of working.

Africa Stock Markets Test Run Revival Formula

Most frontier African stock markets lagged in 2022, but a revival is likely on renewed privatization policies, cross-border integration, currency rationalization, and bank rotation from forced bond allocation into equities, writes BWC member Gary Kleiman.

Africa Sovereign Debt Spiral Foments Frustration

This past year, a decade-long Africa commercial borrowing binge with $30bn worth of bonds outstanding came to a screeching halt amid outright or near defaults, with distressed spreads as a measure of risk of over 1,000 basis points to US Treasuries for the sovereign benchmark index cross-section.

Debt topped the agenda at the US-Africa Leaders Summit in Washington, DC in December.