Developing economies must act now to dampen the shocks from the Ukraine conflict

The war in Ukraine could not have come at a worse time for the global economy—when the recovery from the pandemic-induced contraction had begun to falter, inflation was surging, central banks in the world’s largest economies were gearing up to hike interest rates, and financial markets were gyrating over a formidable constellation of uncertainties. Read More Here

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The MBS Economy

The country’s leadership has come to understand that the kingdom’s old model, based primarily on an oil-funded welfare state and rigid gender segregation, is no longer sustainable. Read More Here

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The Fairy Tale Of Finite Resources

At first glance, it is an argument that seems to make sense—and it would be crazy to oppose: because the earth’s raw material resources are finite, infinite growth is impossible. This leads many to conclude that, somehow, growth must be limited. What is there to this argument? Read More Here

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The Giant Of Africa Is Failing

Nigeria is in big trouble. If a state’s first obligation to those it governs is to provide for their security and maintain a monopoly on the use of violence, then Nigeria has failed, even if some other aspects of the state still function. Criminals, separatists, and Islamist insurgents increasingly threaten the government’s grip on power, […]

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