The global financial system has been driven by the search for profit, but serious flaws surfaced in such a myopic approach. Now, sustainable finance’s time has come—and investment decisions will benefit from integrating environmental, social and governance factors
Efforts to reform credit rating agencies after the 2008 financial crisis have failed to address concerns about their ability to assess a nation’s financial status. Issues like private interests and a disregard for the diversity of development models have made it imperative to think of a new multilateral agency
To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?
Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?
2point6billion republished Gateway House's Akshay Mathur's analysis of Raghuram Rajan, the new Chief Economic Advisor of the Indian government. He argues that given his his leaning towards fiscal discipline and supply-side solutions, the nation can expect some neoliberal policy advice.
A short analysis by Gateway House on what you can expect from Raghuram Rajan, the new Chief Economic Advisor to the Government of India.
Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
The development similarities between China and India are strikingly similar, argues Chris Devonshire-Ellis. Twenty years ago, China faced challenges and difficulties but also offered oppurtunities and profits. Similarly India offers much of the same now.
The 2008 financial collapse has economists pondering over the stability of global economies and the ability of those with financial power to maintain their wealth. If such a situation recurs, who will be held accountable?