Embracing Trade in Services
Rise of trade in services has been extraordinary but we need to value how they are traded, measured, and regulated
Rise of trade in services has been extraordinary but we need to value how they are traded, measured, and regulated
China’s investment in Bangladesh’s stock exchange gives Beijing a chance to shape the financial architecture of the most vibrant economy in India’s neighbourhood
Think20, the official sub-forum of the G20 for think tanks with expertise in global economic governance, launched the research agenda for 2018 in Buenos Aires to support Argentina’s priorities for the year
For the last fortnight, the world has been captivated by the events of the 19th National Congress of the Communist Party of China, which elevated Chinese President Xi Jinping to the status accorded to Chairman Mao. Xi Jinping has consolidated his position in the CCP, strengthened his hold over the country and provided a policy road-map for the next five years. 'Xi' Jinping Thought' is now enshrined In the Chinese Constitution just as firmly as was 'Mao Zedong Thought'.
While the global economy is on an economic upswing, policy makers at the IMF, World Bank Annual Meetings 2017 recognised that a consistent framework is necessary to improve growth fundamentals, tackle rising debt, and address social and political concerns about rising inequities
The IMF/World Bank Annual Meetings, being held on October 12-15 will take place amidst news that the growth momentum of the global economy is being sustained, and the outlook looks better than it did during the Spring Meetings. How can a global consensus be developed to better address the growth fundamentals now that the global economy is strengthening?
Beijing has its finger on the economic pulse of the country, demonstrating a responsiveness to criticism at home and abroad. It reveals a great deal about Chinese political priorities and societal changes, and offers a collective learning for investors and markets worldwide – and especially for India.
China’s credit-led growth is likely to lead to a fairly severe economic crisis in the next two or three years. Recent research suggests that the current tactics may boost short-term growth, but harm its long-term prospects. Time is running out for the country’s ambitious policy-makers
Germany and India have revealed a dual priority for Africa: creating opportunities for prosperity and promoting stability. For both, these are uncharted waters and represents a shift in the locus of global dynamism, away from an Anglo-Saxon world order to a more diverse yet potentially fissiparous one
India’s equity markets are a success story in the country’s 70th year of independence, and there are two prominent state institutions responsible for this, the Securities and Exchange Board of India and the National Stock Exchange. SEBI has played an extraordinary role in bringing in market efficiency, but as the equity market regulator, it must have the corporate surveillance function as well