The Global Banking Crisis and World Economy
The banking crisis that hit Silicon Valley Bank (SVB) earlier this month has spread. We recall with a shudder two recent financial contagions: The...
What geopolitics stories could still blow up the global economy?
Investors hate uncertainty. For now, most of them are trying to understand how central bankers, particularly at the US Federal Reserve, will calibrate changes...
Imperatives for the World Bank’s next president
The World Bank will soon pick a new president. With the world facing a confluence of climate, debt, energy and security crises, the leadership...
Russia-Ukraine conflict cost world economy $1.6t in 2022
Without the Russia-Ukraine conflict, the global economy would have generated an additional $1.6 trillion in 2022, according to a study published by the German...
East Asian Demographic Crisis Threatens the Global Economy
Catastrophic population decline is putting a quarter of global GDP at risk. China, Japan and South Korea are all facing dramatic demographic declines. Japan...
2023 global economy to be shaped by high inflation and geopolitics
High inflation and low growth are expected to mark the global economy in 2023. However, it will cope better than initially expected with the...
Nations and Capital: The Missing Link in Global Expansion
Most theorists of nationalism claim that nationalism is a modern phenomenon. However, they commonly fail to notice that the phenomenon to which they vaguely...
IMF: Fragmentation Could Cost Global Economy up to 7% of GDP
The International Monetary Fund said that fragmentation could cost the global economy up to 7% of GDP in a new report. The longer-term cost...