Macroeconomy & Globalization

The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.

Japan approved new carrot-and-stick tax measures to bring corporate tax down to 25% for companies that raise wages by 3%, and to as low as 20% for those that invest in new technologies such as ICT and internet-of-things, on Thursday. 

ManuelJesus Bautista, Governor, Central Bank of Honduras won an “A” grade in Global Finance’s annual Central Banker Report Cards 2017. He spoke with magazine editor Andrea Fiano about the growth prospects for Honduras' economy and how the country could see an increased rate of inflation for 2017.

Hector Valdez Albizu, Governor, Central Bank of Dominican Republic, spoke with Global Finance magazine editor Andrea Fiano about the country's fiscal and monetary policies, relations with the IMF and the road ahead for Dominican Republic's economy.

Carlos Fernandéz Valdovinos, governor of the central bank of Paraguay, was among the world’s top central bankers in Global Finance Magazine’s annual Central Banker Report Cards. Here, he talks with GFMag editor Andrea Fiano about how recovery in big neighboring economies is giving the Paraguayan economy a lift, and the need for reforms to continue.

Riad Salamé, governor, Banque du Liban, talks with Global Finance Magazine editor Andrea Fiano about Lebanon’s need to build infrastructure and reserves, and the central bank’s efforts to boost growth from around 2.5% to around 6% by boosting tech startups and entrepreneurship generally.

Karnit Flug, governor of the central bank of Israel, again won an “A” grade in Global Finance’s annual Central Banker Report Cards. She speaks with editor Andrea Fiano about Israel’s economy and the challenge of getting inflation to target, as well as global conditions and the threat of rising protectionism. 

These are the 15 biggest countries in terms of GDP plus the Euro Area and the European Union aggregates. 

Ilan Goldfajn, governor, Central Bank of Brazil, one of the top-rated governors in Global Finance’s annual Central Banker Report Cards, talks with Magazine editor Andrea Fiano about global economic growth and expectations going forward.

If all the world is your oyster, where do you want to clam down? Maybe not the world’s most prominent urban centers, based on a Global Finance review of global best city to live in ranking by 3 experts’ work in the field. 

In our October issue, Global Finance presents its latest annual grading of the world's central bank governors. Here, we present the nine who received an "A" grade in 2017: those from Australia, Honduras, Israel, Lebanon, Morocco, Paraguay, Russia, Taiwan and the United States. 

Bridges, ports, roads and dams:  Infrastructure investment is having a moment in the sun. But will it rise to the high hopes so many have that it can rebuild crumbling economies around the world? 

Which countries lead the global knowledge economy? At least one academic suggests that current assessments of a country’s knowledge base are too narrow and reliant on averages. In research to be presented in April at INSEAD, Kai Chan argues that a nation's brightest talent—not its average capabilities—determine its knowledge capacity.

A 35-page essay in the archives of the US-China Economic and Security Review Commission shows how Robert Lighthizer, a veteran attorney who is now Trump’s pick for US Trade Representative, might approach America's $30 billion-a-month trade deficit with China.

U.S. lawmakers are upset with China. Again.

From Occupy Wall Street and the Arab Spring to surprising victories for Brexit and Trump, citizens around the globe are pushing back against their leaders’ policy choices.

Global Finance presented awards to central bankers from around the globe who earned top grades in our annual report cards at a ceremony in Washington, DC, coinciding with the annual IMF/World Bank meetings. 

As the commercial world becomes more litigious, individuals and corporations are increasingly hamstrung from pursuing justified legal claims by a lack of liquidity or other means of financing.

PNC Bank’s head of retail banking and chief customer officer, Karen Larrimer, details how to match customer needs with technology.

The banking industry’s leading lights have largely adjusted their business plans to a world of tighter regulations, higher capital requirements and less leverage. Now, they are taking on new competitors by embracing the very information technology that has disrupted their business.