Has the Pandemic Boosted the Idea of Universal Basic Income?

July 06, 2021

The COVID-19 pandemic and the ensuing lockdowns have brought economic activity to a standstill. As a result, the livelihoods of people around the world have been threatened. To respond to the crisis, some governments have considered how to expand their social safety net. This is particularly...

India Is Slowly Evolving Into a Market Economy

May 26, 2021

India has come a long way since its independence from colonial rule in 1947. It started as a mixed economy where elements of both capitalism and socialism coexisted uneasily. Jawaharlal Nehru, India’s first prime minister, was a self-declared Fabian socialist who admired the Soviet Union. His...

Expect an Uneven Rebound in MENA and Central Asia

May 20, 2021

Projections, no matter how well-grounded in analytics, are a messy business. Three years ago, COVID-19 was unheard of and then-US President Donald Trump’s politics caused uncertainty in international relations, with democracy in retreat across the world. Despite the best-informed...

Armenia’s Economy and Foreign Relations

April 20, 2021

Tracing the Economic Growth of Poland

April 06, 2021

Understanding Paraguay’s Political Economy

October 19, 2020

Can the Dollar Continue to Dominate in a Changed World?

August 25, 2020

An article written by Henry M. Paulson Jr. should attract the attention of anyone trying to keep pace with the evolution of a battered global economy in a rapidly shifting geopolitical environment. Paulson is not some lightweight journalist. He served as the United States secretary of the...

The World Has Reserves About Its Reserve Currency

August 07, 2020

In a Reuters article dated August 5, with the title “As dollar slides, some investors fret about its status as world's reserve currency,” Saqib Iqbal Ahmed signals what may be the indicator of a looming seismic shift in the global economy. The article highlights the ever more visible fragility...

Banking Regulation in the Euro Area: Germany Is Different

May 13, 2020

Two reports published in early 2020 shed new light on this challenge. The European Central Bank’s (ECB) risk report on less-significant institutions is the first of what is intended to be an annual series. The impact assessment study on the most important differences between...

Will the World Go Back to Normal?

May 07, 2020

The end of the month figures tell the story not just of this particular moment of history but reveal much about the entire epoch we are living in. On the last day of April, The New York Times posted this headline that fittingly summarizes the central paradox of living in a financialized world:...

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