April 29th, 2016
While the U.S. Federal Reserve holds its cautious course toward higher interest rates, European central bankers have doubled down on ultra-low interest rates in the form of negative interest rates. We recently spoke with Christian Noyer, honorary governor of the Banque de France, to get his thoughts on these extraordinary monetary measures, whether negative interest rates and quantitative easing are compatible, and whether central bank actions that may work in theory will work in practice.
May 24th, 2016
As the U.S. election season grinds on, the promises of what government can do for Americans become increasingly rosy. We have come a long way from President John F. Kennedy’s famous challenge to Americans in his 1961 inaugural speech: “Ask not what your country can do for you. Ask what you can do for your country.”
April 28th, 2016
Urbanization is well established as a powerful growth tool for emerging markets. As economies advance from agriculture to manufacturing to advanced manufacturing, logistics and services, higher-value economic activity becomes more concentrated in urban areas and more productive.