March 14, 2016/SEC Total assets under management in the global Islamic finance industry had surpassed $2 trillion (N394 trillion) by the end of 2014 this is even as the global sukuk market continues to witness remarkable growth since after the 2008 global financial crisis as Annual issuances have grown from […]
Tag: Emerging Markets
Update on the Outlook for Global Financial Stability —José Viñals
“Transitions” are still looming large The global financial system continues to face several major transitions along the road towards greater financial stability[1]. Over the past three months, key financial systems have moved further along the right path, but they have yet to arrive at their destinations. For example: The process […]
China urges IMF to give more power to emerging markets
China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing countries a greater say. The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect […]
