Thursday, February 23, 2023

'Globalization vs Slowbalization'

According to the recent IMF article here, "...globalization plateaued in the decade and a half since the global financial crisis. This latest era is often referred to as “slowbalization...”

The five main periods of globalization are:

1. Industrialisation

2. Wars, Protectionism

3. Fixed Exchange Rates

4. Liberalization

5. 'Slowbalization'








Image credit: YaleGlobalOnline

Friday, February 3, 2023

Sukuk - A Risk-Sharing Finance

An article written by Prof. Dr Obiyathulla Ismath Bacha on how sukuk can be one of the instruments to save the world drowning in debt post Covid-19.









Image credit: The Conversation

Wednesday, February 1, 2023

Sources of Social Strain

High poverty and rising food insecurity are the two factors contribution to social strain, according to this article. To secure growth stability, policies might focus on:

1. Bring down inflation.

2. Emphasize on social spending and public institution credibility.

3. Improve safety nets and social assistance.

4. Do not set aside other policy changes. (eg. productivity, investment & job creation etc.)









Source: IMF Blog



The Ringgit Rebound

As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging...