Tag «global economy»

Sustaining Momentum in Uncertain Times: Policy Priorities for the Global Economy – Mitsuhiro Furusawa, IMF Deputy Managing Director

Czech National Bank, Prague, June 28, 2018 June 28, 2018 As prepared for delivery  Introduction Ladies and gentlemen, distinguished guests – good morning! Vice Governor Tomsik, thank you for your kind introduction. It is a great pleasure to be back in Prague – a city I first visited during the IMF-WB Annual Meetings in 2000. …

Sun Shines on the Global Economy but Caution Is Needed

Growth of 3.9% for 2018 and 2019 is expected for the global economy, says the IMF This is an opportunity for policy improvements to shift from cyclical to structural recovery The 48th World Economic Forum Annual Meeting is taking place on 23-26 January in Davos-Klosters, Switzerland, under the theme Creating a Shared Future in a …

A thriving business continues with its mission to connect unbanked people to the global economy

MicroMoney, the market first blockchain credit bureau and a social lending services provider, announced a new franchise partnership with Prosperous Capital & Credit Limited, a leading microfinancing organization in Sri-Lanka. In under a month, the company has opened a new office in Colombo to provide new financial opportunities to the unbanked and underbanked population in …

The Global Economy is Failing 35% of the World’s Talent

The Human Capital Report 2016 finds that globally only 65% of the world’s talent is being optimized through education, skills development and deployment during people’s lifetimes Finland, Norway and Switzerland hold the top spots, utilizing around 85% of their human capital. Japan leads when it comes to 55 year-olds and over Report aims to assess …

Cautious Optimism for 2016 Global Economy

Despite a new year marked by volatility, global growth will be modest and uneven Modest optimism is accompanied by significant downside risks Monetary policy divergence is not a major concern Markets overreacted to China’s transition For more information about the Annual Meeting 2016, please visit www.weforum.org Davos-Klosters, Switzerland, 23 January 2016 – Despite significant market …

‘New Normal’ Productivity Spells Uncertainty for Global Economy

The Global Competitiveness Report 2015-2016 finds countries need higher productivity to address sluggish global growth and persistent high unemployment Failure to boost competitiveness is compromising resilience to recession and other shocks, report finds Switzerland, Singapore and the US have been nurturing innovation and talent; this has kept them at the top of the Global Competitiveness …

Spillovers from Unconventional Monetary Policy—Lessons for Emerging Markets: Christine Lagarde, Managing Director, International Monetary Fund

Reserve Bank of India, March 17, 2015 As Prepared for Delivery Introduction Good afternoon, Ladies and Gentlemen. Governor Rajan, thank you for your generous introduction, and for inviting me to speak before this distinguished audience today. It is indeed a privilege to share the stage with Dr. Rajan, one of the world’s most highly regarded financial …

Seven Ways Geo-economics is Changing the Global Economy

Report from the World Economic Forum’s Global Agenda Council on Geo-economics identifies seven geo-economic trends that could decelerate or even reverse globalization Trends include the rise in economic warfare, new-generation state capitalism and a rise in infrastructure-driven alliances Five lessons outlined in the report also offer guidance for countries on how to navigate the new geo-economic landscape …