Allbet Gaming

皇冠登录线路:Corruption highly correlated to inflation

Allbet登录网址 2022年08月28日 社会 3 0

欧博allbet平台www.aLLbet8.vip)是欧博集团的官方网站。欧博allbet平台开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

KUALA LUMPUR: The heavy emphasis on environmental, social and governance (ESG) standing of countries implies that corruption levels have a high correlation to a country’s inflation and exchange rates today, say analysts.

This is more pertinent and obvious especially for a trading nation such as Malaysia.

Exchange rates are influenced by financial flows, which are in turn increasingly being affected by a country’s overall ESG standings internationally, analysts opined.

“Increasingly, international finance companies have an ESG overlay when determining investments.

“This means that they cannot invest in countries that have a poor ESG rating or record. They just can’t do it,” said Malaysia Institute of Economic Research senior fellow Prof Geoffrey Williams.

He said this at UOB Kay Hian’s economic webinar on “Inflation: Drivers and Policy Implication” yesterday.

“Case in point is that although we have recently seen a big spike in foreign direct investments (FDIs), we have also seen a decline in net inflows from 2016 – this means more money is going out than it is coming in (over time),” he added.

In a related matter, Williams noted that public perception on a country’s ESG ratings such as corruption or modern day slavery are important.

These are rising in importance with the heavy emphasis placed on ESG and many countries are competing for such FDI inflows, he said.

,

皇冠登录线路www.hg108.vip)实时更新发布最新最快的皇冠手机网址、皇冠手机网址线路、皇冠手机网址登录网址、皇冠手机网址管理端、皇冠手机网址手机版登录网址、新2手机皇冠登录网址。

,

“Eight Malaysian companies have their products banned for accusation of slavery. There have also been instances of supply chain companies being banned by multinational companies for slavery,” he said.

Williams said this meant that when there is a buying opportunity, despite good valuations in these companies (some of which are public-listed), they would just be overlooked.

“Whatever we feel about it in Malaysia, these are the things and matters that investors in London, New York and Tokyo will look at and just walk away.

“They will also not get involved in a debate on whether it is true or not or whether the criteria is fair or not.

“This is because investors have plenty of options in plenty of other places or companies and these are very, very important,” he added.

Meanwhile, country economist at the World Bank, Shakira Teh Sharifuddin, said there have been suggestions for a relook at the basket of items that constitute the weightings of consumer price index (CPI), which is the main indicator of inflation levels.

“It’s not about whether the CPI is accurate or not. The CPI measures what it is intended to measure. But is it meaningful or is it useful?

“It needs to be more representative of the overall consumption patterns of Malaysians, bearing in mind that how people consume differs from person to person.

“How CPI is an actual representation of consumption patterns is also influenced by factors such as location,” she added.

Allbet Gaming声明:该文看法仅代表作者自己,与www.allbetgame.us无关。转载请注明:皇冠登录线路:Corruption highly correlated to inflation
发布评论

分享到:

皇冠官网:Currency swap initiative a win
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。