Sovereign Sustainability Report 2022

Candriam
By December 8, 2022 13:08

Sovereign Sustainability Report 2022

Our sustainable strategies have often been in a minority with their clear stance against investing in the sovereign debt of autocracies. Having rationalised the annexation of Crimea, many academics, politicians, and investors believed that as long as business is flowing, peace will be assured – after all, this was the founding idea of the European Union. Indeed, that principle has worked well for democratic societies, where the holders of office can always be replaced if they start putting their own interests above those of their electorate. However, autocrats and dictators have little to fear when they subjugate their citizens to yet more hardships in order to preserve their own power. And yet, beyond that façade of short-term impregnability, lie great long-term vulnerabilities.

Candriam
By December 8, 2022 13:08

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