Her tenure is unlikely to be much quieter than her predecessors’. The hope is that it is a little longer
best economists in the world have served as chief economist of the World Bank. But not all of them stay for long. Paul Romer, who subsequently won a Nobel prize, left after 15 months. His successor, Penny Goldberg, returned to academia just as quickly. And a new layer of management is soon to be inserted between the research department and the bank’s president. It was not obvious, therefore, that the bank would find another chief economist as illustrious as past holders of the post.
Ms Reinhart’s best known work is her history of financial folly written with Kenneth Rogoff of Harvard, which spans eight centuries . The book drew on a variety of historical sources, including prices culled from monastery records, and reports from the League of Nations, which her husband, Vincent, who was then working at the Federal Reserve, gave her as a Valentine’s gift.
Her concern overlaps with Mr Malpass’s preoccupations. In his previous job at America’s Treasury, he voiced concerns that China was drawing countries into debt and thereby expanding its geopolitical influence. In his current role, he has insisted that countries should be more transparent about their lending and borrowing.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Millipede from Scotland is world's oldest-known land animalA fossilized millipede-like creature discovered in Scotland may represent the oldest-known land animal, a humble pioneer of terrestrial living 425 million years ago that helped pave the way for the throngs that would eventually inhabit Earth's dry parts.
Lire la suite »
Dylan Sprouse Reveals How His Twin Brother Cole Is Doing Post-Split from Lili ReinhartCole Sprouse is doing just fine following his split from long-time girlfriend Lili Reinhart, according to his twin brother Dylan.
Lire la suite »
China’s economists debate deficit monetisationAccording to a rough tally by The Economist, 15 of the 17 prominent Chinese economists who have waded into the fray have argued against monetisation
Lire la suite »
Op-Ed: Coronavirus brought economic catastrophe. Here are 10 experts on how to recoverTen economists suggest remedies, ranging from aiding state and local governments, paying employers to keep workers and offering universal coronavirus testing to restore public confidence.
Lire la suite »
Natixis opens investment banking office in Saudi ArabiaFrench investment bank Natixis has opened a corporate and investment banking office in Saudi Arabia's capital Riyadh and appointed former JPMorgan banker Reema al-Asmari as its chief executive officer, the bank said on Sunday.
Lire la suite »