The Approaching Debt Wave

The World Bank has warned that a massive debt wave is building worldwide. There is no telling who will be hit the hardest, but if vulnerable countries, from the United Kingdom to India, do not act soon, they may face severe economic damage. Read Here – Project Syndicate

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How the World Bank Influences Regulatory Policy

The ease of doing business indicator, known as EDB, is a system that ranks the regulatory environment in countries around the world. New research looks at how the World Bank’s ease of doing business index has amassed considerable influence over business regulations worldwide. The financial institution has succeeded in doing so even though it doesn’t […]

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The Rudderless World Economy

The institutions that oversee the global economy – the IMF, the World Band, and the World Trading Organization – have all derived their authority from the support of the world’s economic hegemon, the United States. With the US under Donald Trump rapidly dumping its leadership role, how will the resulting vacuum be filled? Read Here […]

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The False Economic Promise Of Global Governance

Global governance is the mantra of our era’s elite. The surge in cross-border flows of goods, services, capital, and information produced by technological innovation and market liberalization has made the world’s countries too interconnected, their argument goes, for any country to be able to solve its economic problems on its own. We need global rules, […]

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Time For India To Stretch Its Wings

The World Bank’s International Development Association programme supports equitable growth in poor countries by providing low-interest, long-term loans and grants to national governments. The program supports 77 of the poorest countries in the world – half of which are in Africa. It also provides assistance to one country that no longer deserves it: India. Read […]

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7 Bland Takeaways On The Global Economy

This weekend’s annual meetings of the International Monetary Fund and the World Bank, which brought together finance ministers and central bank governors from almost 200 countries, seem to have yielded no material changes in policy formulation at either the national or multilateral levels, and offered little to alter views on global economic prospects. Read Here – BloombergView

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Secular Stagnation: The Dismal Fate Of The Global Economy?

China has many levers to pull economically, and stagnation and lower potential growth are relative. But the global hunt for economic growth by central banks will be a persistent source of volatility in financial markets. Without the ability to jump start their economies using traditional monetary policies, central banks will use unconventional policies more often […]

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