After several years of multiple, continuous shocks, the global economy is finally showing signs of stabilizing. Despite the grimmest predictions, the world managed to avoid a global recession this year. However, while advanced economies have largely recovered, developing countries have yet to catch up. Low-income countries risk being left even further behind. Read More Here
Some argue that Donald Trump’s election heralds robust US economic growth, fueled by tax cuts and deregulation, while others insist that his economic plans, if implemented, will blow up the federal budget, revive inflation, and erode the foundations of long-term US prosperity. Read More Here
Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price effects even of a wider conflict in the Middle East, according to the World Bank’s latest Commodity Markets Outlook. Even so, overall commodity prices will remain 30% higher […]
To compete with China, the United States must walk a tightrope in the Gulf. Read More Here
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
If Western countries want to enter the house the Brics nations are building, it would have to be as genuine partners rather than would-be landlords. Read More Here
At the heart of Sino-American trade tensions is the claim that China’s surging exports are a result of Chinese subsidies. But the driving force behind this glut of cheap goods is a significantly undervalued renminbi, a result of high capital outflows caused by both domestic policies and US restrictions on investment in China. Read More […]
iPhone sales slip as government imposes bans and local rivals seize market share but Apple still uses Chinese firms for over 80% of its supplies. Read More Here
Policymakers should prioritize steps toward greater economic resilience such as strengthening government finances and revitalizing economic growth prospects. Read More Here
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
looking beyond borders 