NEWSWORTHY

The rise of state capitalism 2.0

Commentary / World Sep 6, 2018

The rise of state capitalism 2.0

by Alissa Amico

The fall of the Berlin Wall almost 30 years ago represented a high-water mark in the retreat of the state from the global economy, signaling a defeat of socialist economics virtually worldwide. From dirigiste France to communist China, countries with widely divergent economic models ...

Emerging vulnerabilities in emerging economies

Commentary / World Aug 27, 2018

Emerging vulnerabilities in emerging economies

by Michael Spence

For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring ...