Managing Divergent Recoveries

It is one year into the COVID-19 pandemic and the global community still confronts extreme social and economic strain as the human toll rises and millions remain unemployed. Yet, even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible. Read Here | IMF Blog

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The Global Economy’s Uneven Recovery

While the US, China, and other leading economies are on their way to a robust recovery, many others are struggling to return to pre-pandemic GDP levels. In most regions, including Europe and Latin America, the 2020 recession will most likely leave long-lasting scars on both GDP and employment. Read Here | Project Syndicate

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The Making Of Brand Modi

For now, Brand Modi seems to have escaped into the political stratosphere, untouched by the conventional laws of political competition. It remains near the peak of its appeal, undiminished by a series of recent crises, each of which might have felled lesser leaders.  Read Here | The Diplomat

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The New Age Of Protectionism

With vaccine access and national security at stake, wealthy democratic governments have pushed liberal market principles aside in favor of aggressive restrictions aimed at meeting new internal political demands. Their self-interested behavior is fraying alliances and normalizing open state intervention in global markets to a degree not seen in recent memory.  Read Here | Foreign […]

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The Pakistan Conundrum

For 24 hours last week Pakistan gave everyone cause for hope. On Wednesday, Pakistan’s Finance Minister Hammad Azhar disclosed that the government was lifting the ban on import of sugar and cotton from India–something that was widely seen as a signal of a further thaw in the otherwise frosty relations between the two neighbouring countries, […]

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How Rising Interest Rates Could Affect Emerging Markets

Emerging and developing economies are viewing rising interest rates with trepidation. Most of them are facing a slower economic recovery than advanced economies because of longer waits for vaccines and limited space for their own fiscal stimulus. Now, capital inflows to emerging markets have shown signs of drying up.  Read Here | IMF Blog

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China Rising Across The Middle East

Shaking hands and signing deals from Abu Dhabi to Ankara, Tehran to Riyadh, Chinese Foreign Minister Wang Yi’s recent Middle Eastern tour once again demonstrated China’s growing influence in the region. Yet, while the trip saw some impressive numbers talked and important political statements made, the visit may have had more to do with a […]

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