Practioner of global finance and central banking. Ex IMF, World Bank, BIS, RBI. Affiliation: NCAER, Bank of England, IFSWF, Kautilya School, ORF-America.
Just read the White House CEA's insightful paper on the importance of central bank independence. Key takeaways: policy stability, credibility, and economic resilience. Do you hold a different view and see the issue of central bank independence differently? #Economics#CentralBanking#Policywhitehouse.gov/cea/written-m…
Long, long overdue! The EU Capital Market Union isn't just about relieving strain on banks and public finances. It's also about strengthening global capital markets. Establishing such a market takes years, often decades. The EU must embark NOW, or the journey will remain many lights away. #CMU#EUFinance"
Europe is confronted with new challenges stemming from
▪️geopolitical fragmentation
▪️slowing productivity growth
▪️climate change
A genuine capital markets union is needed, as I told ESMA today at an event to release their report.
Read it here esma.europa.eu/sites/default…
What a joy and delight to be joined by Greg Makoff for this podcast on his excellent new book on Argentina's protracted $100 billion restructuring/litigation -- DEFAULT.
Join @GMakoff, author of "Default," as he discusses Argentina's $100 Billion Debt Restructuring with OMFIF US Chair @sobel_mark. 🎙️Listen here: lnkd.in/gT-imE4z
Udaibir Das, former senior IMF capital markets staff member, offers his thoughts for OMFIF on the need for countries to rebalance national sovereign asset and liability balance sheet management.👇
omfif.org/2023/12/the-key-to…
OMFIF 2023: Public funds invest more in alternatives & infrastructure less in emerging markets. India up, China down, Indonesia & SA ignored. What might this mean for climate finance flows into the developing world?
📷
omfif.org/gpp23/
Udaibir Das, formerly a longtime leader in the IMF's Monetary and Capital Markets Division, discusses why Africa's financial transformation is so critical for the continent's future.
omfif.org/2023/11/the-time-f…
🌍 En @COFIDES estamos ultimando los preparativos para acoger la 15ª reunión anual de @IFSWF a partir de este domingo.
📍Esperamos debates clave sobre la transición verde y digital para alcanzar nuevas oportunidades de inversión.
Comienza la reunión anual del foro internacional de fondos soberanos @IFSWF en Madrid con la intervención del presidente de #COFIDES, José Luis Curbelo, dando la bienvenida a los participantes, a los que ha deseado fructíferos debates y reflexiones
Delighted to welcome the first panel of our annual meeting: @eric_parrado is moderating a fascinating discussion with @COFIDES, the China Investment Corporation, Alaska Permanent Fund and @JavierCapap on the trends shaping Sovereign funds today.
@usdas writes for @OMFIF on the @bankofengland's recent efforts at scenario planning and the path to a global macro-financial risk framework. Read here: bit.ly/44GjDCA
How will reserve managers respond to the setback of falling reserves?
In the 10th edition of OMFIF’s Global Public Investor report, we've unpacked how reserve managers are adapting their investment approach in light of macroeconomic and market volatility.
lnkd.in/eki82sHq
Credit Suisse. This one will be big—regardless of help from SNB and cross border regulators. The global macro financial channel is becoming complicated. The hope is that a good “living will” is in place and gets triggered without panic. Fingers crossed.
The SVB failure has given a new meaning to systemic risk, contagion risk, crisis management, and fiduciary callousness. Once again, state oversight and corporate governance have both broken their promise of public trust with money.
.@GitaGopinath: Monetary and fiscal support are both essential for macroeconomic recovery. Central bank independence and the taboo against monetary financing has served countries well. bit.ly/3yEec60#BAM21
If you say I have special needs, I’ll assume you’re referring to my need for fresh-picked figs. I’m a Californian & this is non-negotiable. But if you’re not referring to figs, then just say the word: #disabled. Euphemisms only fuel ableism. #Disability is not a dirty word.
ALT I’m a Black woman with long dark hair holding a fig. I’m outside in a hammock, and the fabric is partially folded to create a shelf for a bowl with large, red & green figs.
Brilliant viewpoint! PS: invoking “Kim” is masterly as the story—-mountains and pain of Afghanistan—remain the lessons Russia, Allied forces (and now China) failed to learn.