GDP Losses Around the World, 2020 – 2023

This week’s Bank and Finance presentation reviews the Gross Domestic Product (GDP) losses around the world in the aftermath of the COVID pandemic and escalating geopolitical tensions in the 2020 to 2023 period. The expected world’s GDP loss accumulated from 2020 to 2023 is $26,732 billion (equivalent to 20.35% of the $130,580 billion world GDP […]

Real Interest Rates Around the World, 1946 – 2023

In this presentation we compute real interest rates for 38 countries and the Euro area to identify the prevalence of negative real interest rates from January 1946 to August 2023. The real interest rate is defined as the difference between the Central Bank Policy Rate and the inflation rate, both expressed in annual terms. Data […]

México en el contexto global

Bank and Finance, inicia una serie de análisis sobre la situación económica y social de México. Los estudios de esta serie ofrecen una visión panorámica y detallada de diversos aspectos cruciales para el desarrollo del país, con énfasis en el bienestar de la población. Esta serie inicia con la presentación de varios estudios sobre el […]

Financial conditions and monetary policy: the importance of non-linear effects

In this research paper, we show the importance of considering non-linear effects when analyzing macroeconomic and financial linkages. The main reason is that the relative importance of financial conditions over economic allocations is not constant over time. When financial markets are functioning correctly, economic criteria is the main determinant of resources allocations, but when there […]

Innovation Policy

In our continuing series of presentations on “New Sources of Economic Growth,” we are thrilled to announce the final topic: “Innovation Policy”. With this topic, we conclude the foundational presentations of the workshop. Throughout the workshop, we have delved into a diverse array of subjects crucial for comprehending and fostering economic growth. These encompass: I. […]

Economic Complexity

In our continuing series of presentations on “New Sources of Economic Growth,” we are thrilled to introduce the theme for the fourth week: “Economic Complexity.” Throughout the workshop, we have delved into a diverse array of topics that are crucial for comprehending and fostering economic growth. These encompass: I. Fundamentals of Economic Growth II. Strategy […]

Management Strategy and Organization

In our ongoing series of presentations on “New Sources of Economic Growth,” we are excited to present the focus for the third week: “Management Strategy and Organization.” Throughout the workshop, we have explored a wide range of topics crucial to understanding and cultivating economic growth. These include: I. Fundamentals of Economic Growth II. Strategy and […]

Strategy and Strategic Foresight

In our ongoing series of presentations on “New Sources of Economic Growth,” we are excited to present the focus for the second week: “Strategy and Strategic Foresight.” This presentation delves into the vital components of strategic planning, providing a comprehensive roadmap to steer Cambodia’s economic growth towards unparalleled heights. Throughout the workshop, we have explored […]

Supporting Cambodia’s Economic Growth Workshop

From June 12 to June 16, 2023, Bank & Finance had the privilege of coordinating a workshop on New Sources of Growth for the Ministry of Economy and Finance of Cambodia. This remarkable event was made possible through the support of the United Nations Development Programme (UNDP) in Cambodia, in collaboration with the Australian Embassy […]