Driving innovation in Africa
Mobility is important in the global knowledge economy. Linguère Mously Mbaye argues Africa can leverage mobility to enhance its innovation capacity and foster economic growth
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Author: Op-ed
Challenges of the G20
Lesetja Kganyago discusses the strengths, achievements, and challenges of the G20, particularly focusing on how process issues hinder effective policy formulation, emphasizing the need for a more focused agenda and streamlined processes to enhance the G20’s effectiveness
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Tariffs cannot fund the government
In the past most government spending was funded from import tariffs. Simon Evenett and Marc-Andreas Muendler discuss whether this practice could work today, paying attention to the displacement effect on revenues
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The EU-UK post-Brexit reset
It is five years since Brexit. Jesper Berg, Rebecca Christie, Hans Geeroms and Francesco Papadia argue that the EU and UK should address issues with the clearing and settlement industry and letterbox firms to protect financial stability, withstand transatlantic turmoil and help their respective economies thrive
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Digital infrastructure – a platform for innovation
Dave Ramsden discusses the BoE’s role in wholesale payments infrastructure and innovation, examining how both public and private innovation could reduce market frictions and support growth, outlining the Bank’s next steps for experimentation in wholesale payments
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Seven points for a common agenda
The European defence and climate agendas are not entirely in conflict. Simone Tagliapietra writes that beyond the debated public spending trade-off between defence and climate goals lie converging interests which should form the basis for a common defence and climate agenda
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Questions on the proposed EDM
European countries need to raise defence expenditures on a sustained basis. Jeromin Zettelmeyer, Armin Steinbach and Guntram Wolff consider the proposed European Defence Mechanism and answer some of the burning questions about the EDM
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Who will be pivotal for the success of EU defence funding?
Which countries will be pivotal for the success of EU defence funding instruments? Marco Buti and Marcello Messori say that history shows that decisions by single EU countries can determine whether member states as a whole take up new European initiatives
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Deepfakes and AI
Cybercrime is in the rise and cybercriminals are getting more innovative. Michael Barr examines how Gen AI enables deepfake technology and what should be done to protect against this risk in finance
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Is the international monetary system unfair?
Agnès Bénassy-Quéré considers the idea that there could be lasting reversal of exchange rates following an international currency agreement highly speculative, and argues that a multipolar system would attenuate the Triffin dilemma and provide the US with a deficit-adjustment tool
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