Covering the 2017 annual meetings of IMF & World Bank

We assisted with the coverage by the magazine GlobalMarkets of the annual meetings of the IMF and World bank that were held in October 2017 in Washington DC. GlobalMarkets is the new name for the magazine Emerging Markets that has covered the meetings of all the multilateral banks for a quarter of a century.

We wrote a number of features analysing key issues that came up at the meetings of the finance ministers and central bankers of the 187 member countries. Two of the features looking at the outlook for the two institutions: the first examined the new strategy of World Bank President Jim Yong Kim to become a catalyst for private finance here; and the second looked at the role that the IMF should play after the recent crises here.

We supported these with on the capiral increase based on a question to Mr Kim (here), an interview with WB vice president Axel van Trotsenburg on funding for the poorest countries (here), and a warning byb a senior WB economist on corporate debt in emerging economies (here).We also contributed a review of the racy account of a life in banking and Buddhism by Michael Dobbs-Higginson here.

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Financial directors face post-election dichotomy

Now that the dust has settled on the shock Conservative victory in the UK General Election, we were asked to look at the implications for FDs and CFOs by Financial Director magazine. While it is early days and many companies are waiting to see what measures Chancellor George Osborne will put in place in his early 8 July Budget, some trends emerged. On the one hand the clear result has removed the uncertainty that many executives were expecting from a hung parliament as all seven parties negotiated to form a government. Allied to that were the market-friendly measures on taxation that the Conservatives have promised. However on the other side of the balance is the uncertainty posed by the threat of a twin referendum on UK membership of the European Union – likely in 2017 or even in 2016 – and a possible vote of Scottish separation. The outlook for the UK economy is clearly uncertain and will be important to monitor the views of FDs as time passes. The full article is here.

Highlighting research impact at the LSE

Working as a freelance consultant, I helped to generate content for the London School of Economics’ research impact website, including writing summaries of the impact of various academics in areas including macroeconomic policy, regulation of markets, education impacts and public policy impacts.

The full range of almost 70 impact studies of which I was involved in around 20 can be found here: http://www.lse.ac.uk/researchAndExpertise/researchImpact/Home.aspx

Reporting live from the IMF/World Bank

We were in Washington DC for the week of 6 October to cover the annual 2014 meetings of the International Monetary Fund and World Bank for Emerging Markets newspaper at a time of mounting concern over the state of the economy and the impact of the conflicts in the Middle East and Ukraine and the terrible Ebola outbreak.

We were involved in planning the newspaper’s coverage, putting together the daily news list, working with reporters as well as carrying out live reporting.

We looked in detail at the role of relevance of the IMF 10 years after it was written off as irrelevant and asked what’s its role should be in what MD Christine Lagarde has called a “new mediocre” era of growth. The feature is here.

We also looked at the World Bank on its 70th birthday and asked what President Jim Kim should do to ensure that the bank remained relevant in an increasingly crowded development arena. The feature is here.

We spoke with World Bank chief economist Kaushik Basu about the economic impact of the outbreak of Ebola as the death toll broke the 4,000 barrier during the week. The story is here. We also spoke with World Bank climate envoy Rachel Kyte and discussed her strategy of working with businesses in countries where there ‘constraints’ on political leadership. The story is here.

 

We hope to be covering the 2015 meetings that will be held in Lima, Peru