Andrew Bailey argues that independent central banks rely on more than technical expertise: they have a long tradition of accountability. Central bankers must explain their decisions or risk appearing to be an unrepresentative elite’, especially amid the challenge of populism
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Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
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Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
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The EU’s implementation of global anti-tax avoidance rules and the global minimum tax is widely regarded as a success. Madalena Barata da Rocha, Roel Dom, Pascal Saint-Amans and Bo Sangers consider the trilemma between tax sovereignty, revenue protection and investment neutrality that has emerged
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The ECB wants central bank money to serve as the monetary anchor for tokenised markets. Piero Cipollone calls for common standards, central bank money and coordinated regulation to prevent blockchain-based finance from becoming a collection of disconnected platforms
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Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
Read more
Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
Read more
If frontier AI models can be used to develop their next models, this may lead to an ‘intelligence explosion’ and give a large boost to technological advancement. Davidson et al develop a framework for understanding how AI may transform the economy through new feedback loops
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Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technological, financial and, most importantly, the future
Read more
Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technology, financial and, most importantly, the future
Read more