By eliminating, or at least minimizing, the risk of widespread bank runs, regulators could allow banks to fail with limited collateral damage
Heading into 2023, with the pandemic waning in the public discourse, there is much to look forward to. That said, the optimism should not betray the financial lessons that the global economy exuded in 2022
The last three years have been full of unexpected events. It is not over; unpredictability has become the norm of a new investment era, with more inflation and less globalization
There are opportunities here for building the kind of partnerships the region needs to entrench a high-skilled, post-carbon economy at home