Föhrenbergkreis Finanzwirtschaft

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Archive for 12. März 2018

Take This Quiz on Fintech!

Posted by hkarner - 12. März 2018

03/12/2018 07:59 AM EDT
By IMFBlog March 12, 2018 .
From artificial intelligence to cryptography, rapid advances in digital technology are transforming the financial services landscape, creating opportunities and challenges for consumers, service providers, and regulators alike. This new wave of technology is often called “fintech” and the industry is thriving.
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Trump’s Trade Gimmickry

Posted by hkarner - 12. März 2018

Date: 11-03-2018
Source: Project Syndicate by Dani Rodrik

Dani Rodrik is Professor of International Political Economy at Harvard University’s John F. Kennedy School of Government. He is the author of The Globalization Paradox: Democracy and the Future of the World Economy, Economics Rules: The Rights and Wrongs of the Dismal Science, and, most recently, Straight Talk on Trade: Ideas for a Sane World Economy.

The imbalances and inequities generated by the global economy cannot be tackled by protecting a few politically well-connected industries, using manifestly ridiculous national security considerations as an excuse. Such protectionism is a gimmick, not a serious agenda for trade reform.

CAMBRIDGE – US President Donald Trump’s bark on trade policy has so far been far worse than his bite. But this may be changing. In January, he raised tariffs on imported washing machines and solar cells. Now, he has ordered steep tariffs on imported steel and aluminum (25% and 10%, respectively), basing the move on a rarely used national-security exception to World Trade Organization rules.

Many commentators have overreacted to the possibility of tariffs, predicting a “trade war” and worse. One expert called the steel and aluminum tariffs the most significant trade restrictions since 1971, when President Richard M. Nixon imposed a 10% import surcharge in response to the US trade deficit, and predicted that, “It will have huge consequences for the global trading order.” The Wall Street Journal wrote that Trump’s tariffs were the “biggest policy blunder of his Presidency” – a remarkable claim in light of the administration’s missteps over Russia, the FBI, North Korea, immigration, taxation, white nationalism, and much else. Den Rest des Beitrags lesen »

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Google Is Trying Too Hard (or Not Hard Enough) to Diversify

Posted by hkarner - 12. März 2018

Date: 11-03-2018
Source: The New York Times

The internet giant is being sued by former employees who say the company is going too far with diversity. Other lawsuits accuse it of the opposite.

SAN FRANCISCO — In 2014, Google became one of the first technology companies to release a race and gender breakdown of its work force. It revealed — to no one’s surprise — that its staff was largely white or Asian and decidedly male.

The company explained that it disclosed the figures, in part, because it wanted to be held accountable publicly for not looking “the way we wanted to.”

Since then, Google has made modest progress in its plan to create a more diverse work force, with the percentage of women at the company ticking up a bit. But a spate of recent incidents and lawsuits highlight the challenges the company has faced as it has been dragged into a national discussion regarding politics, race and gender in the workplace. Den Rest des Beitrags lesen »

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