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Why banks must plan beyond populism

Dec 01, 2018 - The Banker

The 19Th CENTURY english wriTer rudyard Kipling advised keeping one's head when everyone else around them is losing theirs. In the current environment of populist wins at the ballot box - the latest being that of Jair Bolsonaro as the new Brazilian president - this is sound advice to all those in banking.

Populists talk big but their policies are often of little substance. They are designed to be crowd pleasers rather than serious new departures of economic direction. Taking this perspecti...