Brexit and the Banks: Fight or Flight?
By Barbara Casu
This article discusses the key implications of Brexit for the UK financial services industry, looking at the differences between: membership vs. access;...
Better Capitalised Banks Lend More and Lend Better
By Stephen G. Cecchetti & Kermit L. Schoenholtz
Are higher capital requirements really a drag on economic growth? Many people seem to think so. We...
Currency Depreciation Can Save an Economy in Crisis
By Ivan Illán
Amongst political and business leadership, there’s a popular bias that domestic currency depreciation and/or devaluation is negative for a nation’s economy. Instead,...
Better Capitalised Banks Lend More and Lend Better
By Stephen G. Cecchetti & Kermit L. Schoenholtz
Are higher capital requirements really a drag on economic growth? Many people seem to think so. We...
Tax Avoidance: Between Temptation and Trouble
By Matthias Kasper and Erich Kirchler
Fostering tax compliance is a key challenge for global politics. Public revenues need to be protected, and confidence needs...
Demonetisation: A Few Disturbing Questions
By Pratip Kumar Datta and Saumya Chakrabarti
In this article, the authors discuss the recent demonitisation policy introduced by the Indian government in November...
India – Crime of the Century – Financial Genocide
By Peter Koenig
On 8 November, Narendra Modi, the Indian Prime Minister, brutally declared all 500 (US$ 7) and 1,000 rupee-notes invalid. The final goal...
How the Rand Exchange Rate Volatility Affects the South African Economy?
By Matthew Kofi Ocran
While the South African rand has historically been characterised with high volatilities, the recent levels of gyrations of the currency, particularly...
Japan and the Monetary Policy Magical Mystery Tour
By Richard Westra
With 1970s galloping inflation threatening to bring down the US economy and with it the US dollar based global trading order, Milton...
Implications of Islamic Finance in Africa’s Socio-Economic Development
By Basheer Oshodi
Africa, a continent which still feels the scars of slave trade, the wounds of colonialism and apartheid, the disaster of neo-liberalisation, and...




































































