During a recent radio interview in England, David Buffin, Chairman of Buffin Leadership International Ltd (an international management consultancy) was asked by the interviewer to define the attributes of great leadership and to provide examples of great leaders as role models. The interviewer was evidently seeking to identify the characteristics that would be desirable in […]
A Global Crisis like No Other
The International Monetary Fund (IMF) usually holds its Spring Meeting in Washington DC in April. This year, due to the emergency conditions arising from the COVID-19 pandemic, the IMF meeting was conducted in a virtual format. The global crisis resulting from the pandemic was the major issue discussed at the meeting at which the IMF […]
Social Protection and Personal Thrift
The French Institute of Actuaries will host an international actuarial colloquium in Paris in May with the theme Individual Choices facing Societal Changes. The organizers of this international colloquium have posed a question that represents a direct challenge to the global actuarial profession: “Can actuarial science bridge the gap between individual and collective choices?” At […]
The 2019 Nobel Prize in Economics
The 2019 Nobel Prize in Economics has been awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer for their work in development economics. In the mid-1990’s at Harvard University, Michael Kremer began studying the nature of poverty by the application of randomized trials, a technique that is commonly used in other fields of practical […]
The IMF’s Current Global Perspective
The International Monetary Fund (IMF) held its annual meeting this month in Washington in collaboration with the World Bank. In a closing statement, the policy-setting committee for the 189-nation IMF commented that global growth should accelerate next year, although officials acknowledged that a range of factors could undermine that forecast, including continued trade disputes and […]
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