Center for Global Development’s Post

As a strong believer in Open Science, I made available another working paper of mine entitled "The international liquidity concept and developing economies foreign exchange markets" on SSRN - link below. This is a conceptual paper dealing with a central subject in international monetary economics and international finance: International Liquidity. Your comments are most welcome. I take this opportunity to extend my best wishes to everyone for the festive season. Abstract We introduce the "international liquidity" concept and we show its centrality for developing and emerging economies macroeconomic analysis. International liquidity is defined as the sum of a country's central bank's gross international reserves, resident banks international liquid assets and international currencies notes in the hands of resident agents. We discuss the specificity of developing and emerging economies foreign exchange markets, focusing on their local character. We argue that the exchange rate is determined on the country's international liquidity market. #internationalfinance #centralbanking #centralbanks https://lnkd.in/eGAJEZ8W

📢 #CFP: "Global Challenges and Channels for Fiscal and Monetary Policy" The European Central Bank, the International Monetary Fund, and the IMF Economic Review are inviting paper submissions for their joint conference to be held in person in Frankfurt am Main, Germany, on 23 and 24 July 2024. Deadline for submissions: 15 March 2024 Visit: https://lnkd.in/dkGa2_rG #ECB #IMF #monetarypolicy #economics #macroeconomics

The The World Bank - International Monetary Fund Spring Meetings are next week! Ready for solution-oriented conversations on inclusive growth, debt, macroeconomics and finance, geoeconomics, IDA21, climate action, demographics, digital public infrastructure, financial inclusion, multilateral governance, positive economic statecraft and more. Join us Atlantic Council to hear from Finance Ministers, Central Bank Governors, multilateral Leaders and prominent experts #GeoEconomics #inclusivegrowth #FutureofEcon #WBGmeetings

Digital Money Summit! 🌐 Dive into the future of digital currencies and global economics at the OMFIF Digital Monetary Summit 2024! 💼 Join top minds in the industry for insightful discussions and groundbreaking insights. Don't miss out - register now! (link in comments) #OMFIF #DigitalMonetarySummit #FinanceInnovation #GlobalEconomy 📈💻🌍

We have a new article on The London School of Economics and Political Science (LSE). African Central Banks can help build low-carbon and green economies. This follows our recent research and policy report on net-zero central banking in Africa. In this report, we analyzed how each African economy navigates a unique set of economic, financial and climate-related risks and opportunities. The article is written with Joseph Feyertag and Pierre Monnin. And big thanks to the Grantham Research Institute on Climate Change & the Environment and the LSE Firoz Lalji Institute for Africa. Article link here: https://lnkd.in/e5G-BszD And the full report is available here: https://lnkd.in/ejhgqptG

Are you curious about the impact of multilateral financial institutions on global economic stability? Join us for an engaging discussion on how organizations like the IMF and World Bank play a vital role in promoting sustainable growth and development. Don't miss out on this important conversation! #economicstability #globalfinance #IMF #WorldBank 🌍💰

Interesting post by @stats_feed The Western countries and blocs such as the EU have already expressed concern about the rise of the "other". If the BRICS countries stay on track and stay strongly united, what will happen to the institutions such as IMF and World Bank, or even the European Investment Bank? Are we entering the era of the Actual New World Order? #BRICSSummit2023 #NewWorldOrder

Data is the new currency, and the Bank of Ghana is availing a wealth of useful macroeconomic data, presented in an excellent taxonomy. #data #dataanalysis #macroeconomics #opendata #centralbanks #Ghana #timeseriesforecasting

Explainer Series |Standard Chartered: Weekly Review 13/10/2023 -The tragic incidents in Israel and Gaza have cast light on a key geopolitical risk. -There are two possible scenarios:   i) A swift conflict that is contained within Israel/Gaza, like the 2014 war, without other parties joining; ii) a conflict that draws in other major players, notably Iran, disrupting oil supplies. --In this Explainer's Series, Standard Chartered Bank critically reviews the global market for the last week and how investors can position their portfolios in the this week. #growth #finance #wealthmanagement #assetmanagement #investing #bonds #stocks #cash #commodities #marketreport #marketreview #financialmarket #nigeria  #usa  #globaleconomy  #globalequities #stockmarket #china #macro #markets #investmentbank #finance #education  #trading #investing #economy #southafrica #inflation #market #eurozone #hike #quality #macroeconomics #economicgrowth #investment #investments #infrastructure #bank #future #investmentbanking

I am thrilled to share our latest working paper, in collaboration with Jean-Guillaume Sahuc and Gregory Levieuge, which examines the dynamic responses of the European Central Bank and the Federal Reserve during three pivotal moments: the global financial crisis, the Covid-19 pandemic, and the recent surge of inflation. This work sheds light on the critical role of adaptive monetary policies in tackling unprecedented economic challenges. How do you see these monetary policy adaptations influencing future economic policies and frameworks on both sides of the Atlantic? #MonetaryPolicy #EconomicResearch #CentralBanks #Macroeconomics #DSGEModel