NEWSWORTHY

The rise of state capitalism 2.0

/ 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

/ 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 ...

Sep 28, 2017

And the great unwinding begins

Central bankers today must figure out how to end and reverse quantitative easing without triggering the effects they sought to avoid nearly a decade ago.