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Expert from CIGI Canada: The world expects Hangzhou Summit to lead the global economy out of its slump

Saturday, 20 August 2016
Alex He, a research fellow from the well-known Canadian think-tank, the Centre for International Governance Innovation (CIGI), said that "all parties hold a high expectation on the G20 Summit in Hangzhou, China, against the background of slow recovery of global economy".

Canada has discovered a new way to appoint central bankers; it just doesn’t know it yet

Tuesday, 16 August 2016
In April, members of Canada’s parliamentary press corps thought they had uncovered some shenanigans over -- of all things -- the fiscal multiplier.

Greek Crisis, the Book. Or Actually Several of Them

Thursday, 11 August 2016
As the anniversary of Greece’s bailout deal approaches, there have been several memoirs, essays, a blistering critique of the International Monetary Fund’s policies in Europe and even a book of poetry that, from various perspectives, examine Greece’s torturous struggle to avoid bankruptcy.

Europe’s Future Will Be Decided at a Quaint Renaissance Italian Bank

Thursday, 4 August 2016
Italy’s third largest bank needs a bailout. What happens next could mean a revolution in Rome – or in Brussels.

A report on the IMF’s work in Europe exposes raw nerves over the handling of Greece

Wednesday, 3 August 2016
It remains difficult to have a calm discussion about the Greece. Just look at the reaction to the release on July 28 of the Independent Evaluation Office of the IMF’s review of the handling the European debt crisis. Ambrose Evans-Pritchard of the Daily Telegraph called the IEO's conclusions a “lacerating verdict” on the IMF’s management of the “most damaging episode in the history of the Bretton Woods institutions.” Ian Talley of the Wall Street Journal said the watchdog’s report “gives credence to some of the fund’s harshest critics.” The Financial Times called the assessment “damning.”

Brexit Fudge

Wednesday, 3 August 2016
in Share . 8 LONDON – “Brexit means Brexit,” Theresa May, the United Kingdom’s new prime minister, insists. It is a simple and powerful slogan that sends an unmistakable message to all who have been hoping for a reevaluation of June’s referendum result. The UK, it seems clear, will be leaving the European Union. But that is where the clarity ends.

The G20 disappoints again, but is that because expectations are too high?

Monday, 25 July 2016
What’s the right way to the G20? There is good reason to set the bar high. The G20 showed us what it is capable of in 2009 and 2010, when the world needed it most. There is a general feeling among those who pay the closest attention to international governance that the G20 has done little to redeem itself since. The world’s most important economies are stuck in a seven-year slump of inaction, according to this view. That makes them part of the problem; if their inaction is not the root cause, then it is at least a byproduct of this era of serial disappointment.

U.K.’s new prime minister must negotiate EU split quickly

Friday, 15 July 2016
The UK's economic and political health could suffer greatly if its new relationship with Europe is not determined soon

Are low interest rates doing more harm than good?

Friday, 15 July 2016
Chris Sorensen
In the wake of Brexit the world is once again looking to central banks to jump-start the economy with more stimulus. But are low rates doing more harm than good?

What’s the Problem With Protectionism?

Thursday, 14 July 2016
One thing is now certain about the upcoming presidential election in the United States: the next president will not be a committed free trader. The presumptive Democratic nominee, Hillary Clinton, is at best a lukewarm supporter of freer trade, and of the Trans-Pacific Partnership in particular. Her Republican counterpart, Donald Trump, is downright hostile to trade deals that would throw open US markets. Breaking with modern Republican tradition, Trump envisages a 35% tariff on imported cars and parts produced by Ford plants in Mexico and a 45% tariff on imports from China.
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