David Fowkes

Have you got the right David? Clue: I would have written a scathing essay about Goliath (unpublished).

[Gita Gopinath @GitaGopinath]

I found the piece on @DAcemogluMIT by @TheEconomist very odd. Reminded me of the Monty Python scene "What have the Romans every done for us?" A substantive critique of a particular piece of work may have given us more to discuss. Daron can handle it (as he has in the past). I value @TheEconomist so not sure what this piece is about.
https://t.co/RMkihD2gcV

[Johan Fourie @JohanFourieZA]

Among graduate students in the top 50 economics PhD programmes in the United States, 47 are Brazilian and two are South African.

The constraint has never been talent. It is the route in.

So we built one @StellenboschUni.

https://t.co/yo8GrkzJkx

[Gregory Daco @GregDaco]

On the question of returning to scarce reserves regime, Fed Governor Waller says « scarcity has never been and never will be efficient ». Adds that in economics scarcity never increases welfare. Calls the idea of returning. The balance sheet from ample to scarce regime « stupid »

[SA Reserve Bank @SAReserveBank]

📣 ICYMI: Governor @KganyagoLesetja delivered an opening address titled, "Challenges of the Group of Twenty", at the @BrookingsInst discussion on “Strengthening Global Economic Cooperation for a Changing World: The Unique Role of the G20.”

📝 Read the speech: https://t.co/xYmw7DOwkg
🎥 Watch the session: https://t.co/u3m9HEoLNk
#Rekaofela #G20SouthAfrica #FutureofG20 @g20org

[Pippa Green @green_pippa]

@SAReserveBank governor @KganyagoLesetja writes on the dangers of populism, now as much an issue in 'mature democracies' as in the developing world. 'Complacent institutions that do not engage the public effectively are going to be vulnerable.' https://t.co/KE4hz2wfuz

[Jason Furman @jasonfurman]

I have a new piece in @ForeignAffairs titled, "The Post-Neoliberal Delusion and the Tragedy of Bidenomics". They were generous about giving me a lot of words but were less generous with charts--so this long thread partially rectifies that. (And links to the piece at the end.)

[Daan Steenkamp @daan_steenkamp]

China has experienced the largest improvement in GDP per capita in purchasing power terms since 2019 among major economies. SA stands out for its low increase in purchasing power per capita, and relatively high increase in consumer prices. https://t.co/xgz4ygHk6T

[SA Reserve Bank @SAReserveBank]

Governor @KganyagoLesetja and the Minister of Basic Education @Siviwe_G have announced the winners of the 2024 South African Reserve Bank (SARB) Monetary Policy Committee (MPC) Schools Challenge. The competition, open to all Grade 12 Economics and Mathematics learners, is run in collaboration with the Department of Basic Education. The winning school is Panorama High School from Mpumalanga.

#SARB #MPCSchoolsChallenge #FutureGovernors

[European Central Bank @ecb]

🔵 Watch live: the #ECBForum on Central Banking conversation on issues currently facing the international financial system with:

- @SAReserveBank Governor Lesetja Kganyago @KganyagoLesetja
- President of @DNB_NL @KlaasKnot

Follow the event https://t.co/npz8n2qXzb

[Timothy Ash @tashecon]

Recent elections in India, Turkey and South Africa demonstrate that democracy in big EMs is still alive and kicking.

[SA Reserve Bank @SAReserveBank]

ICYMI: We hosted the 'Talk to the SARB' forum in Soweto earlier this week. The forums, held following the release of the Monetary Policy Review, provide an opportunity for members of the public to engage with the Monetary Policy Committee. For the April MPR, click here: 👉🏿https://t.co/86vD9MXdFB. To watch the Soweto 'Talk to the SARB' forum, click here: 👉🏿https://t.co/MYLvrFFeRk.

[Bryan Hardy @BryanHardyEcon]

Check out my new #BISBulletin on the resilience of emerging markets in the face of an incredibly steep and synchronized increase in global interest rates. With Deniz Ivan and Enisse Kharroubi

[SA Reserve Bank @SAReserveBank]

SA Reserve Bank delivered the May Monetary Policy Committee statement yesterday. The MPC decided to keep the repurchase rate at its current level of 8.25%. For the statement 👉🏿: https://t.co/Qgn0uOvjwq & to watch the press conference 👉🏿: https://t.co/RwG925po8n.

[SA Reserve Bank @SAReserveBank]

The South African Reserve Bank welcomes the announcement by President Cyril Ramaphosa to reappoint Governor Lesetja Kganyago and Deputy Governors Fundi Tshazibana and Rashad Cassim, and the appointment of Dr Mampho Modise as Deputy Governor. All are members of the Monetary Policy Committee and will oversee different statutory functions of the SARB. Governor Kganyago and Deputy Governors Tshazibana and Cassim have all been reappointed for another five-year term, and their terms will end in 2029. Deputy Governor Modise’s five-year term is from 1 April 2024 to 31 March 2029.

For the full statement, read here: https://t.co/kxaQJx57es

[SA Reserve Bank @SAReserveBank]

Chart of the week: How does SA’s inflation target shape up against other countries? The National Treasury’s Macroeconomic Policy Review notes it is relatively high. Read more here: https://t.co/DaL1ZlSLc9 #COTW #Inflation

[SA Reserve Bank @SAReserveBank]

Chart of the week on SA foreign exchange reserves compared to emerging market peers

[Chris Giles @ChrisGiles_]

🚨🚨My central banking newsletter is out. It’s on the logical fallacies and tired thinking in the inflation debate

The top 10 inflation crimes and misdemeanours 🚨🚨 https://t.co/sfesHAFtvR

[ian bremmer @ianbremmer]

you all just wait until taylor swift starts dating fukuyama.

polisci is going to blow up.

[Robin Wigglesworth @RobinWigg]

The FT Weekend cover story: A brief, affectionate history of the bond market, exploring how it has gradually usurped the dominant role banks have historically played in capitalism – and the awkward implications of its rise. https://t.co/VYkuVBdJW9