China Faces a Long Road to De-dollarization

Any de-dollarization process must account for the fact that countries and business actors will still issue debt securities, bonds, and other instruments in dollar form to meet their capital needs, both regular and emergency, owing to the volume and liquidity provided by the “flexible capital account” standard of the United States. Read More Here

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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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