Member Views
Media | Title | Article date | Article source |
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Gary Kleiman:Africa stock markets plot depreciation/inflation escapeThe BWC is pleased to Member Spotlight Gary Kleiman's recent article with bne IntelliNews discussing the performance of various African frontier stock markets in the past year. According to Kleiman's article, "Last year African frontier stock markets on the dollar-denominated MSCI benchmark index, where the majority reside, were an overall losing proposition – with the region sub-index the only decliner at 7% versus the composite up by the same percentage." |
Tue, Jan 16, 2024 | bne IntelliNews |
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Gary Kleiman:Africa Sovereign Debt Spiral Foments FrustrationThis 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. |
Sat, Jan 14, 2023 | Bretton Woods Committee | |
Gail D. Fosler:Addressing Global Agreements in Digital TradeThe failure of the Trans-Pacific Partnership (TPP) and indefinite suspension of the Transatlantic Trade and Investment Partnership (TTIP) marked the death knell of large complex multilateral trade and investment agreements. |
Tue, Jun 26, 2018 | Bretton Woods Committee | |
William Rhodes and John Lipsky:Act now to prevent a new sovereign debt crisis in the developing worldSince late February, the world’s attention has been focused on Russia’s brutal invasion of Ukraine. However, some of the most damaging economic and financial impacts of this act of aggression will be felt by non oil-exporting developing economies in Africa, Asia and Latin America. |
Wed, Mar 23, 2022 | Financial Times |
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Frank Vogl:Absolute Poverty Rises Amid Debt Distress and CorruptionBWC member Frank Vogl writes that "the era when IMF-austerity programs were seen as the solution, and where... IMF loans are negotiated behind closed doors between international bureaucrats and the senior assistants to kleptocrats regimes, needs to end." |
Tue, Aug 8, 2023 | The Globalist |
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Mark Sobel:A U.S. Call for Modest IMF Gold Sales to Help Africa"Modest IMF gold sales to help Sub-Saharan African nations and low-income countries could strongly bolster the IMF’s global role and benefit not only these countries, but also U.S. national interests," writes BWC member Mark Sobel. "On the heels of the U.S.-Africa Leaders Summit, the United States should lead an international effort to sell modest amounts of IMF gold for LICs." |
Fri, Jan 13, 2023 | Center for Strategic and International Studies | |
Meg Lundsager:A Stronger IMF Will Bolster the US RecoveryAll indications are that global economic recovery from the COVID-19 pandemic will be a daunting challenge. The International Monetary Fund (IMF) is already stepping up to help emerging markets and developing countries by approving several emergency loans. |
Sun, Apr 12, 2020 | The Hill |
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Clay Lowery and Kevin Wolf:A rare, nonpartisan good news story in WashingtonOne of the government’s most important obligations is to protect our national security. Getting the details right for how to do so often leads to debate and disagreement, as it should. Unfortunately, such discussions can devolve into partisan acrimony. |
Wed, Aug 15, 2018 | The Hill |
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Warren Coats:A proposal for the Fed’s balance sheetTo save financial institutions from the collapse that threatened them after the bankruptcy of Lehman Brothers in September 2008, the Federal Reserve purchased government securities and Mortgage Backed Securities (MBS) sufficient to increase the size of its asset holdings from $0.9 trillion to $4.5 trillion by the end of 2014. |
Sat, Jul 14, 2018 | Warren’s space | |
Paul J. Sheard:A More Robust Macroeconomic Policy Framework Is NeededThe COVID-19-triggered economic shutdown has precipitated the second collapse in economic activity and surge in unemployment in 12 years. |
Mon, Dec 21, 2020 | Foreign Policy Association |