September 2020

What You Do Is Who You Are: How to Create Your Business Culture

By Ben Horowitz Henry Louis Gates Ben Horowitz, a leading venture capitalist, modern management expert, and New York Times bestselling author, combines lessons both from history and from modern organizational practice with practical and often surprising advice to help executives build cultures that can weather both good and bad times. Ben Horowitz has long been fascinated by history, and particularly by how people behave differently than you'd expect. The time and circumstances in which they were raised...

August 2020

Financial services technology 2020 and beyond: Embracing disruption

By Julien Courbe, John Garvey, Marcus Von Engel, John Lyons Our global report Financial services technology 2020 and beyond: Embracing disruption examines the forces that are disrupting the role, structure, and competitive environment for financial institutions and the markets and societies in which they operate. The post-crisis regulatory frameworks have been gradually settling into place, and financial institutions have been adjusting their business models accordingly. It is now becoming obvious that the accelerating pace of technological change is the...

Digital Finance New Times, New Challenges, New Opportunities

By Juan Antonio Ketterer Since the end of the great crisis of 2007 – 10 , the financial services industry began a process of accelerating change. New business models based on convergent technological developments are challenging the status quo of a long - established a nd traditional industry. The purpose of this document is to consider the...

Trading for Development in the Age of Global Value Chains

By World Bank Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production...

Insights on Financial Services Regulation

By John A Consiglio The debates around financial services regulation are fierce and unending, and with every new development or law, rigid positions seem to grow. In this insightful new book, expert author John A. Consiglio discusses developments in this vital part of the wide world of finance. Including discussions on the public interest elements of regulation, on informational asymmetry, and on the economist/regulator duopoly, Consiglio analyses various key contentious element of regulatory practices from both the regulators' and...

Regulation of the European Parliament and of the Council on a pan-European Personal Pension Product

By EIOPA THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP)1 , and in particular the fourth subparagraph of Article 28(5), third subparagraph of Article 30(2), third subparagraph of Article 33(3), second subparagraph of Article 36(2), third subparagraph of Article 37(2), third subparagraph of Article 45(3) and the third subparagraph...

Defined Benefit Pension Schemes in the UK: Asset and Liability Management

By Philippe-N. Marcaillou The goal of Asset-Liability Management (ALM) of a Defined Benefit Pension Scheme (DB) is to properly manage the risks related to variation in its building blocks on both sides of the balance sheet whilst maintaining the same expected return. This book provides a step-by-step methodology to maximize the complete restructuring and monitoring of the ALM of DB schemes. It is a product of the author's 25 years of experience and technical knowledge in ALM of...

July 2020

Women Working Longer: Increased Employment at Older Ages

By Claudia Goldin, Lawrence F. Katz Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this so? Today’s older American women work full-time jobs at greater rates than women in other developed countries. In Women Working Longer, editors...

A global study on creating inclusive environments for ageing populations Shifting demographics

By The Economist Intelligence Unit People today are typically living to increasingly older ages. This, however, has created challenges in providing health and social services for burgeoning older populations and governments across the globe have been slow to react. What counts now is how societies can maximise this opportunity and provide efective, inclusive environments in which to age.1 This report from The Economist Intelligence Unit (EIU) is based on findings from the “Scaling Healthy ageing, Inclusive environments and...

World Population Prospects 2019

By Department of Economic and Social Affairs People, and thus populations, are at the centre of sustainable development. Each of the four global demographic “megatrends”– population growth, population ageing, migration and urbanization – holds important implications for economic and social development and for environmental sustainability. Timely and accurate population estimates and projections allow Governments to anticipate future demographic trends and to incorporate that information into development policies and planning. The 2019 revision of the World Population Prospects is the...