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Further Reading on
New World Order?
Lender(s) of last resort, dollar dominance, and the global financial safety net
We live in a dysfunctional system in which money flows out of the countries that need it most and into the coffers of the wealthiest. In 2023, the private sector collected $68 billion more in interest and principal repayments than…
Further Reading
The election of Prabowo Subianto to the Indonesian presidency two months ago has been warmly welcomed by business and political elites in the country. The day following the result, the…
Credit in Brazil—and particularly consumer credit—is expensive, but ubiquitous. Exclusion from the credit market, where basic needs not covered by wages are increasingly financed, is now a threat to the…
The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a…