By Pedro Sousa * The third in a series of three articles The G20’s action for inclusive growth is being hampered by a lack of leadership The G20 has emerged as the main forum for international economic cooperation. It would seem obvious that … Continue reading Time For The G20 To Step Up – PART 3 of 3: G20 Challenges and Possible Improvements
By Pedro Sousa * The second in a series of three articles Where is the leadership? The global economy and, in fact, the world is not in good shape. The transition from a unipolar world order to multipolar disorder has created a vacuum … Continue reading Time For The G20 To Step Up – PART 2 of 3: Lack of Leadership
By Pedro Sousa * The first in a series of three articles Major consequences of the global financial crisis remain evident eight years after the G20’s first meeting following the collapse of Lehman Brothers. World leaders acting collectively on international macroeconomic issues is … Continue reading Time For The G20 To Step Up – PART 1 of 3: Sluggish Growth, Inequality, and Financial Sector
By Pedro Sousa Make no mistake: what is happening between the European Central Bank’s Mario Draghi and the German government is extremely significant for economic growth and wellbeing across the whole of Europe. Mario Draghi, the president of the ECB … Continue reading Draghi Vs Germany: The ECB’s Head Needs To Win The Battle For Growth And The EU’s Survival
By Pedro Sousa As we examine the state of the global economy, information suggests we are in an era of very limited growth. Larry Summers might be right in describing this as “secular stagnation“. Does this mean we are facing economic crisis in 2016? Maybe not, but the global economy is vulnerable. Nowadays, most OECD governments don’t have the financial muscle to kickstart their economies towards higher growth. Plus, as we have seen within the EU, there is a lack of political union to agree to put more money into the economy. Lack of economic governance is hindering the potential … Continue reading Crisis or not?
Last year the OECD Forum focused on equality, jobs and trust. This year they swapped equality for inclusive growth and maintained a focus on jobs and trust. The change is subtle but rather significant; the focus on equality is not … Continue reading #OECD Forum – Inclusive Growth