The International Labour Organization (ILO) has issued a recent Working Paper Financing Gaps in Social Protection: Global Estimates and Strategies for Developing Countries in Light of the COVID-19 Crisis and Beyond. The paper covers 134 developing countries that were included…
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…
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…
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…
The European Central Bank (ECB) is the central banking authority of the euro zone that comprises the nineteen European Union (EU) member states that have adopted the euro as their common currency. The ECB was established in 1998 by the…
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…
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…
Johann Wolfgang von Goethe observed that “history is a great fugue in which the voices of nations one after the other emerge”. The Roman Empire with its classical civilization was dominant some two thousand years ago until its ultimate collapse…
The actuarial profession had its a minimis incipe moment in 1848 in London when a small group of individuals who were engaged in insurance met to discuss the need for a professional association and agreed to principles for the basis…
The International Actuarial Association holds its 2019 colloquium in Cape Town, South Africa, in early April with about 500 expected delegates to attend from around the world. The organizers have selected as a theme for the colloquium “The Modern Actuary:…