547902401_1280x720 Courtesy: Legal Entity Identifier
14 September 2018

LEI, a gold standard for financial transparency

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Ten years after the global financial crisis, some reform has come about. To further transparency, the Legal Entity Identifier (LEI), proposed by the G20, is a code used to identify the parties that participate in financial transactions around the world. While its benefits and applications are abundant and will reduce systemic vulnerability, its global implementation is complex and slow. This primer shows why – and also why the LEI should be urgently and widely adopted

30362033555_a558fdf2cd_o Courtesy: Mea/ Flickr
23 August 2018

Boosting BIMSTEC’s visibility

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The 21-year-old regional organisation, which will hold its fourth summit on August 30-31, was formed because of the opportunities to make headway in economic and social development through cooperation, but it has achieved modest success. It has a relevance independent of SAARC or ASEAN and goals of its own to pursue

37019468915_3c74a9c724_o Courtesy: Government of South Africa/ Flickr
25 January 2018

South Africa leads BRICS, IORA in 2018

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Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India

MANILA, Nov. 14, 2017 (Xinhua) -- Participants pose for group photos during the 15th ASEAN-India Summit in Manila, the Philippines, Nov. 14, 2017. The 15th ASEAN-India Summit was held here on Tuesday. (Xinhua/IANS) Courtesy: MEA/ Flickr
18 January 2018

India-ASEAN: salute to a commemorative summit

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This is a partnership that has been based on mutuality, economic cooperation and undisputed political closeness ever since ASEAN’s inception. Now, the path into the future has to be different: creating a new security architecture and determining ASEAN’s role in the Quad are overarching questions that cannot be wished away

International Monetary Fund Manging Director Christine Lagarde (L), Jeremy Johnson(2ndL), Sara Horowitz;(3rd L), Deborah Greenfield (3rd R), Jim Clifton (2nd R) and James Manyika (R) participate in a Seminar "The New Economy Forum:Future of Work" at the IMF Headquarters during the IMF/World Bank Annual Meetings October 11, 2017. IMF Staff Photo/Stephen Jaffe Courtesy: IMF/ Flickr
12 October 2017

IMF, WB Annual Meetings 2017: growth outlook

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The IMF/World Bank Annual Meetings, being held on October 12-15 will take place amidst news that the growth momentum of the global economy is being sustained, and the outlook looks better than it did during the Spring Meetings. How can a global consensus be developed to better address the growth fundamentals now that the global economy is strengthening?