Economy

The End of Neoliberalism and the Rebirth of History

2019 Nov 09

For 40 years, elites in rich and poor countries alike promised that neoliberal policies would lead to faster economic growth, and that the benefits would trickle down so that everyone

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Santiago Under Siege

2019 Nov 03

At least 19 dead and untold wounded. A half-dozen subway stations attacked with firebombs. Hundreds of supermarkets vandalized and looted.

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The Open Secret of Development Economics

2019 Oct 30

To many in China, this years Nobel Memorial Prize in Economic Sciences seems to have shone a spotlight on one area of development economics at the expense of another. While randomized controlled trials might be useful for creating or improving welfare pro

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How a Weaponized Dollar Could Backfire

2019 Oct 27

United States foreign policy under President Donald Trump continues to run counter to Americas traditional post-war objectives. Should the US carelessly relinquish leadership of the global multilateral order...

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Argentina Must Not Waste Its Crisis

2019 Oct 26

To explain Argentinas chronic instability and episodic illiquidity, one must look beyond idiosyncratic leaders, temporary external shocks, and specific policy mistakes.

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Locking China Out of the Dollar System

2019 Oct 23

By broadening the nexus between economic interest and national security, Trump is encouraging the decoupling of the worlds two largest economies and the emergence of a bipolar world order led by rival hegemons.

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Is Post-Brexit London Really Doomed?

2019 Oct 22

Despite the likelihood of a harder-than-expected Brexit, and the certain loss of the so-called passport, which would allow financial services to be sold freely across the EU...

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Can Synchronized Stagnation Be Stopped?

2019 Oct 20

Given the growing risk of economic stagnation, governments may soon need to provide further stimulus – ideally in tandem with broader structural reforms...

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Will Libra Be Stillborn?

2019 Oct 16

Where the problem for economies and financial services is lack of competition, residents of developing countries need to look to their own regulators and politicians...

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Iraq, China launch oil for reconstruction agreement

2019 Oct 14

Baghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraqs war-damaged infrastructure.

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The Global Retreat of Free Trade

2019 Sep 30

At last months G7 summit in Biarritz, leaders again paid lip service to reforming the World Trade Organization. But, given the US led effort to weaken the WTO

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Four Collision Courses for the Global Economy

2019 Sep 28

Between US President Donald Trumps zero-sum disputes with China and Iran, UK Prime Minister Boris Johnsons brinkmanship with Parliament and the European Union

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