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Ghana assumes Presidency of CVF and Chair of V20 Group of Ministers of Finance

Ghana has assumed the Presidency of the Climate Vulnerable Forum (CVF) and Chair of the Vulnerable Twenty (V20) Group of Ministers of Finance from 2022 to 2024. Government will, therefore, leverage the opportunity to accelerate its climate agenda outlined in Ghana’s Climate Prosperity Plans. Mr Ken Ofori-Atta, the Minister of…
Ken Ofori Atta Dankwa Akufo World Bank Group Development Report Presidency Of The Climate Vulnerable Forum Economic Policy In Parliament

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Monetary curbs have long-term consequences

The Spanish-American philosopher George Santayana famously warned that "those who cannot remember the past are condemned to repeat it". But sometimes even those who can recall the past have a selective memory and draw the wrong conclusions. This is how the global policy response to the current bout of inflation is playing out, with governments and central banks across the developed world insisting that the only way to tame soaring prices is by raising interest rates and tightening mone...
United States Paul Volcker George Santayana International Monetary Fund International Settlements Great Depression

The monetary tightening trap

 NEW DELHI  —  The Spanish-American philosopher George Santayana famously warned that “those who cannot remember the past are condemned to repeat it”. But sometimes even those who can recall the past have a selective memory and draw the wrong conclusions. This is how the global policy response to the current bout of inflation is playing out, with governments and central banks
United States Jayati Ghosh Paul Volcker George Santayana International Monetary Fund University Of Massachusetts Amherst

Charting a green, resilient, and inclusive development path for Madagascar

Madagascar conjures up images of rich, unique biodiversity, dense forests, and the longest coastline in Africa. And so, it would come as a surprise to learn that Madagascar is one of only 22 out of 146 countries where wealth per capita—a measure of sustainability of growth—declined between 1995 and 2018, and that this decline was driven by the low productivity of the country’s natural capital base. Reversing the trend is possible. But to do so will require better management of Madagascar�...
Ministry Of Fisheries Madagascar Country Environmental Analysis Sustainable Landscape Management Project Exclusive Economic Zone Blue Economy Marine Spatial Plans

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