Global Economy and Development Africa in the news: COVID-19, Côte d’Ivoire, and energy updates Brookings Institute, Post, Uncategorized Brookings Institute June 19, 2021
report November 2, 2021 An analysis of financial institutions in Black-majority communities: Black borrowers and depositors face considerable challenges in accessing banking services Introduction Achieving the American dream—the opportunity to succeed, to provide food and shelter for family members, education for children, hope for a better life, and freedom of opportunity— requires capital. But, in the United States, access to capital for individuals and business owners is uneven based on race. The racial wealth gap remains significant. In 2019, the median net worth... By Brookings Institute, Report Brookings Institute
report November 2, 2021 Focus on bank supervision, not just bank regulation Introduction Last month, the Biden administration made headlines nominating Cornell Law School Professor Saule Omarova to serve as Comptroller of the Currency, a position from which she would oversee the National Banking System. Omarova’s nomination has drawn sharp criticism from the financial services industry, placing her alongside other Biden appointments within financial regulation such as chair of the Securities and... By Brookings Institute, Financial Regulation Brookings Institute
report October 29, 2021 Greening Asia for the long haul: What can central banks do? Here in Hong Kong, Category 8 typhoons used to be infrequent. Just as floods in Germany and massive wildfires in California were disasters we might see every decade or so. Sadly, this is no longer the case. In one week alone this October, Hong Kong saw two Category 8 typhoons. Earlier this year, floods devastated parts of central Germany,... By Brookings Institute, Post Brookings Institute
report October 29, 2021 Status check: Managing debt sustainability and development priorities through a ‘Big Push’ Executive Summary Emerging market and developing economies (EMDEs) have seen development prospects fade in the two years since the onset of COVID-19. Growth turned negative in 2020, is forecast to snap back in 2021, but then revert to a declining trend.1 Investment levels in Latin America and Africa are forecast to remain in the range of 20-25 percent of GDP... By Brookings Institute, Report Brookings Institute
report October 29, 2021 Status check: Managing debt sustainability and development priorities through a ‘Big Push’ Executive Summary Emerging market and developing economies (EMDEs) have seen development prospects fade in the two years since the onset of COVID-19. Growth turned negative in 2020, is forecast to snap back in 2021, but then revert to a declining trend.1 Investment levels in Latin America and Africa are forecast to remain in the range of 20-25 percent of GDP... By Brookings Institute, Report Brookings Institute
