Phil wrote two features for EMEA Finance magazine following the annual meetings of the International Monetary Fund and World Bank in Indonesia in October 2018. The first looked at how it was small open-economy states that were taking the brunt of the US/China trade and diplomatic disputes.Leading economists talked about how the impact on second tier supply chains and a contraction in demand could harm those economies most vulnerable to sudden shocks. The feature is here.
The second feature was a profile of Tarek Amer, Governor of the Central of Egypt who gave a keynote talk at the IMF meetings. Egypt has become the poster child of IMF interventions as the $12 billion bail-out offered by the Fund has helped turn the economy around, reducing inflation, boosting growth and reducing the country’s external and budget deficits. He talks about his experience of driving through tough policy reforms and of working with the IMF. The profile is here.
Phil helped drive the coverage by the magazine GlobalMarkets of the annual meetings of the IMF and World bank that were held in October 2018 in Bali Indonesia. 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.
He 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. Three of the features looking at the outlook for the two institutions: the first examined the new strategy of World Bank President Jim Yong Kim regarding fragile states (here); the second looked at the role that the IMF should play in revitalising multilateralism here. and the challenge of closing the iinfrastructure gap here.
He also wrote a number of news stories including: a warning by Professor Barry Eichengreen on the impact on the from a trade war; concern among leading experts that the IMF is losing relevance; an interview with World Bank CEO Kristalina Georgieva; criticism of the Bank’s Human Capital Index; and concerns over a rollback on regulation.
He was also heavily engaged in news planning, copy sub-editing and headline writing.
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.
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