Annual Report 2009

The biggest threat to China’s global champions is not Donald Trump

Debt sustainability in Japan and the case for a fiscal council

Rising rates are testing Japan’s fiscal framework, with debt dynamics hinging on growth and pointing to the need for adjustment and a fiscal council

Could a Hormuz toll solve the oil crisis and who pays?

With a return to the pre-Iran conflict energy status quo unlikely, a Hormuz toll may be the next best option – but Gulf states would pay the most

Risks for Europe of US dominance of global asset management

US firms’ rise in EU asset management may weaken sustainable finance, making tougher stewardship, ESMA supervision and autonomy urgent