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Howard Davies

Howard Davies

Writing for PS since 2009
91 commentaries

Howard Davies, the first chairman of the United Kingdom’s Financial Services Authority (1997-2003), is Chairman of NatWest Group. He was Director of the London School of Economics (2003-11) and served as Deputy Governor of the Bank of England and Director-General of the Confederation of British Industry.

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  1. Are Global Banking Rules Finished?
    davies92_JonathanWilsonGettyImages_bankofengland Jonathan Wilson/Getty Images

    Are Global Banking Rules Finished?

    Nov 26, 2024 Howard Davies wonders if the Basel Committee’s recommendations on minimum capital requirements will ever be implemented now.

  2. The Missing Ingredient in European Competitiveness
    davies91_Dursun AydemirAnadolu via Getty Images_draghi Dursun Aydemir/Anadolu via Getty Images

    The Missing Ingredient in European Competitiveness

    Sep 26, 2024 Howard Davies thinks the bloc's economic future depends heavily on its ability to achieve capital-market integration.

  3. Is Private Credit Becoming the Public’s Problem?
    davies90_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_garygensler Andrew Caballero-Reynolds/AFP via Getty Images

    Is Private Credit Becoming the Public’s Problem?

    Jun 19, 2024 Howard Davies considers whether, and in what manner, regulators should respond to the industry's explosive growth.

  4. Are Global Capital Rules Possible?
    davies89_Liu JieXinhua via Getty Images_michaelbarr Liu Jie/Xinhua via Getty Images

    Are Global Capital Rules Possible?

    Mar 29, 2024 Howard Davies thinks major Western jurisdictions' institutional differences could sink standardization efforts.

  5. Where It Pays to Be a Banker
    davies88_Michael M. SantiagoGetty Images_jpmorgan Michael M. Santiago/Getty Images

    Where It Pays to Be a Banker

    Jan 5, 2024 Howard Davies maps the growing divergence of tax and regulatory policies in America, Europe, and the United Kingdom.

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  1. roach172_Anthony KwanGetty Images_asia economy Anthony Kwan/Getty Images

    Asia in Denial

    Stephen S. Roach

    Denial is among the most powerful of all human defense mechanisms, and particularly troublesome for governments. Not only is China unwilling to admit the severity of its economic problems, but many other officials across Asia seem inclined to believe that US President-elect Donald Trump’s tariff threats are merely a bluff.

    warns of misguided optimism about the state of China’s economy and Donald Trump’s tariff agenda.
  2. op_whatley11_Chun Shu EyeEm_openbook Chun Shu/EyeEm/Getty Images
    Free to read

    Holiday 2024 Reading List

    PS editors highlight recent recommendations by PS contributors that belong on your holiday shopping list.
  3. davies92_JonathanWilsonGettyImages_bankofengland Jonathan Wilson/Getty Images

    Are Global Banking Rules Finished?

    Howard Davies wonders if the Basel Committee’s recommendations on minimum capital requirements will ever be implemented now.
  4. choffman1_Andrew LichtensteinCorbis via Getty Images_amazon union Andrew Lichtenstein/Corbis via Getty Images

    Amazon Is Busting Democracy, Not Just Unions

    Christy Hoffman explains why the company’s efforts to quash labor organizing should concern everyone.
  5. bremmer36_Sean GallupGetty Images_trumpnato Sean Gallup/Getty Images

    Europe in the Age of Trump

    Adam Michnik interviewed by Irena Grudzińska Gross

    Donald Trump’s victory in the 2024 US presidential election has left a black cloud over many of America’s friends and allies, not least in Europe. While the European Union remains the continent’s greatest strength, it will now come under growing strain from both internal and external political forces.

    about the challenges facing the continent following the US election.
  6. slaughter107_NurPhotoGettyImages_maternal_health_hospital Nur Photo/Getty Images

    How to End the Scourge of Maternal Mortality

    Anne-Marie Slaughter & Mary-Ann Etiebet propose a global impact hub that could develop measurable milestones and scale up effective solutions.
  7. elbaradei8_Getty Images_multilateralism Getty Images

    Multilateralism or Bust

    Mohamed ElBaradei urges political leaders to reaffirm their commitment to international law and cooperation.
  8. oneill128in McNameeGetty Images_trump Win McNamee/Getty Images

    Trump’s Impossible Economics

    Jim O'Neill thinks the president-elect’s agenda is not only incoherent but also mathematically inconceivable.
  9. ang16_DesignPicsEditorialGettyImages_colonial_sugar_mill_dutch_east_indies1 Design Pics Editorial/Getty Images

    Doing Development in the Polycrisis

    Yuen Yuen Ang argues that we need a fundamentally different way of thinking about our biggest global problems.

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