The World Is Still on Fire

For the last several years, world leaders have made big promises and laid out bold plans to mitigate the climate crisis and help the neediest countries adapt. At this year’s World Bank/IMF Spring Meetings, they must demonstrate that they can fulfill these promises, rather than simply touting new ones. Read More Here

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The Biggest Threats to Global Economic Stability

While the sovereign-debt crisis that is currently unfolding across the developing world may not have the immediate global impact of the 2008-09 financial meltdown, its long-term effects could be far-reaching. Immediate international intervention is necessary to prevent it from spiraling out of control. Read More Here

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The New Normal for Central Banks

The US Federal Reserve and the European Central Bank have made clear that they intend to roll back quantitative easing by reducing their bond holdings. But the other driver of central banks’ balance-sheet expansion for the past 15 years – the provision of abundant reserves to the financial sector – remains up for debate. Read […]

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