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July 28, 2014 • CRITICAL ANALYSIS, Editor’s Choice, FINANCE & BANKING, Global Capital Markets, GLOBAL ECONOMY, International Relations, World Politics
By Flynt Leverett and Hillary Mann Leverett For seventy years, one of the critical foundations of American power has been the dollar’s standing as the world’s most important currency. For the last forty years, a pillar of dollar primacy has been the greenback’s dominant role in international energy markets. Today, China is leveraging its rise …
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July 28, 2014 • CRITICAL ANALYSIS, FINANCE & BANKING, Global Giants, Governance & Regulation, International Relations, World Politics
By Howard Stein Since the latter part of the 1990s the World Bank has increasingly claimed its main focus is on poverty reduction and development. Among other things, the Bank introduced poverty focused loans, a commitment to debt reduction with support for the reallocation of spending toward health and education, the expansion of more domestically …
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July 28, 2014 • Asia - Pacific, Banking Innovation, China, FINANCE & BANKING, GLOBAL ECONOMY, Governance & Regulation
By Yung Chul Park, Hugh Patrick, and Larry Meissner In what ways, and to what degree, has the financial system mattered, and what roles has it played, in the Japanese economy since about 1990, in the Korean economy since about 1980, and in the Chinese economy since its reform process began in 1978? These topics …
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July 28, 2014 • Capitalism in the 21st Century, Europe, FINANCE & BANKING, Global Capital Markets, GLOBAL ECONOMY, Governance & Regulation
By Irene Finel-Honigman There is a perception of steady economic recovery across the post-sovereign debt crisis within the European Union (EU) and the Eurozone. Data and market-driven indicators, however, belie weaknesses and danger points revealed in the EU parliamentary elections on 25th May, 2014. Below, Irene Finel-Honigman examines both the recovery and the underlying damage …
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July 28, 2014 • Americas, Europe, GLOBAL ECONOMY, Governance & Regulation, World Politics
By John L. Campbell and Ove K. Pedersen In this article John Campbell and Ove Pedersen argue that the way policy ideas are generated by knowledge regimes varies considerably across countries; and the effect on national politics is significant. Globalization has created unprecedented economic problems for governments everywhere. To cope with them, policymakers need fresh …
