Global Finance

UNCTAD: Africa Rising

Africa needs investment to advance sustainable development and see the continent prosper. James Zhan, Astrit Sulstarova and Mathabo le Roux argue that the nature...

Henry Kissinger: A Loyal Visionary

Heinz Alfred Kissinger is a creature of habit. Even though he turns 93 in May, his routine most weekends is pretty much the same:...

Mary Robinson: A Lifetime Dedicated to Human Rights

Lawyer, legislator, social reformer, politician, and UN High Commissioner, Mary Robinson has been a powerful force for change in her native Ireland and across...

Joseph E Stiglitz and Hamid Rashid: Closing Developing Countries’ Capital Drain

Developing countries are bracing for a major slowdown this year. According to the UN report World Economic Situation and Prospects 2016, their growth averaged...

Michael Pettis: Money Is Not Created Out of Thin Air

A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this...

Robert J Schiller: Fighting the Next Global Financial Crisis

What do people mean when they criticise generals for fighting the last war? It’s not that generals ever think they will face the same...

UNCTAD Investment and Enterprise Division: An Investment Perspective on International Taxation

Tax avoidance practices by multinational enterprises (MNEs) often depend on corporate structures that are built by routing investments through offshore investment hubs or conduits...

Anders Åslund: The Submerging Market Threat

It is time to put the rise of the emerging economies in perspective. The rapid economic growth in much of the developing world since...

Americas: The Global Reach of US Justice Cleans Up Sports

Whilst the assault on personal freedom and civic liberties perpetrated under the guise of the ill-defined and open-ended war on terrorism has become one...

Scott Eckert: Robots to the Rescue

Daniel H Wilson, the writer of humorous fiction like How to Survive a Robot Uprising and Robopocalypse says, tongue-in-cheek: “Someday mankind must face and...