IMF sounds alarm about high global public debt, urges countries to build buffers
The IMF this week edged up its 2025 global growth forecast given a more benign impact from tariffs. Global public debt is projected to rise
Gold leaps above $4,100 on Fed rate cut hopes, US-China trade tension
Fed Chair Powell to address NABE annual meeting on Tuesday. Gold prices jumped to a record high above $4,100 on Tuesday, supported by rising expectations
Oil recoups some losses after US-China trade tensions
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on potential talks between the presidents of the United
Re-imagining South Africa’s state structure for inclusive growth
When economies lose momentum and stagnation becomes entrenched, a shift in thinking and action is imperative. So urged Kofi Annan at a Davos panel decades
Soviet communism was not more successful at reducing inequality than other regimes
Inequality is a major concern for many economies, prompting the question of whether some regimes are more effective at reducing inequality than others. This column
Sparking the investment miracle developing economies need to create jobs
Developing economies today face an investment shortfall of historic proportions. Meeting even the most modest development goals will require a huge investment push—equal to about 5 percent
The return of inflation: Why ‘look through’ can backfire under incomplete information
Central banks facing post-pandemic inflation often considered ‘looking through’ supply shocks. Using a New Keynesian framework in which agents gradually learn whether a cost-push shock
Africa’s industrial champions – Why it takes a village to build a continent’s future
Africa is bracing for a consumer and manufacturing boom. It won’t come with the snap of a finger. The continent must first navigate a gauntlet
Belt, Road Summit concludes with nine deals, $1bln deals
Organizers highlighted that Hong Kongآ’s external trade with Belt and Road countries reached $276bln in 2024. The 10th Belt and Road Summit in Hong Kong
Unpacking US tech valuations: An agnostic assessment
The recent performance of the largest US tech companies has raised concerns about the risk of a stock market bubble. Using a three-stage pricing model
