Based on Chinas experience with COVID-19, the fiscal cost of comprehensive compensation for lost income could reach 10% of annual GDP, and as much as 25% of GDP in the US and Europe if the epidemic turns out to be worse there, which now looks likely. Thes
messages.detailsWall Street hedge funds and lawyers have turned an arcane procedure of international treaties into a money machine, at the cost of the worlds poorest people.
messages.detailsThe convening power of the IMF and the World Bank is unquestionably strong, if not unique. Every year, their annual meetings attract top economic and financial officials from more than 180 countries
messages.detailsIs Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued
messages.detailsReconstruction of Iraq after war with Islamic State may cost $100bn
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