Tag "Christine Lagarde"

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Economics Europe

European monetary policy faces another crisis: Is the ECB effectively leading the way?

In a little over a decade the European Central Bank found itself fighting three considerable crises: the Great Recession in 2008, the sovereign-debt crisis in 2011-2012 to today’s pandemic-induced recessions. The Euro is a project without precedent and under Mario Draghi the ECB was a leading actor in world monetary policy. In 2019, Christine Lagarde became the new president of the ECB.  How does she compare?

Economics Latin America

Argentina: Economic doldrums pose electoral risk

Argentina’s economy and political turmoil are on full display at the start of 2019. The country is in the midst of a difficult economic situation, which has led to a

Natural resources and energy Sub-Saharan Africa

For Nigeria and Angola, the prospect of international loans offers a mixed blessing

With Nigeria and Angola seeking international loans to help ease their oil pain, investors are hoping that any loans will lead to a revision of their worrisome economic policies.  With

Economics International

4 key takeaways from Davos: Mastering the 4th Industrial Revolution

The 46th annual World Economic Forum (WEF) in Davos, Switzerland took place last week and brought a gaggle of high-powered figures together to discuss current global challenges. Among its 2,500

Finance Middle East/North Africa

IMF urges Islamic finance to unlock its full potential

Islamic banking has the potential to promote financial stability, boost SMEs, and contribute to greater financial inclusion. But the IMF recently stressed on the numerous challenges the industry has to

Middle East/North Africa Politics

The moral dilemma of Egypt’s President al-Sisi

If the world wants to accept the economic successes of Egyptian President Abdel Fattah al-Sisi, it must also accept the terrible cost in human rights. Since winning last year’s election

Economics North America

After IMF inequality report, what’s next for US tax policy?

The IMF has joined in on the income inequality debate, arguing that rising inequality is depressing economic growth and fueling political instability. Although the issue remains polarizing in the United

Security Sub-Saharan Africa

Kenya’s tourism suffers following Westgate terror

The recent terrorist attack in Westgate mall in Nairobi has detrimental effects on Kenya’s tourism economy, but the sector is expected to recover quickly. The Kenyan economy relies heavily on