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With its debt diplomacy, China has turned Pakistan into its vassal state. Now, it is trying the same in Bangladesh, whose ...
Donald Trump’s tariff threats are just part of a much wider shift. Gillian Tett explains why commerce is being subordinated to statecraft — and how we can adapt ...
We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...
In a shocking move that sent tremors through Sri Lanka’s export sector, U.S. President Donald J. Trump announced a 30% tariff ...
African countries are demonstrating meaningful progress in sovereign debt management to achieve inclusive growth and structural transformation. The reforms, from fiscal tightening in Ghana and new ...
More than 20 years ago, an International Monetary Fund (IMF) working paper defined policy ownership in these terms: “…a willing assumption of responsibilities for an agreed program of policies, by ...
Coming back from an extended conference on gross national happiness in Bhutan, which is one of the first carbon negative countries in the world, I became aware that intergenerational justice maybe ...
Governor Lesetja Kganyago noted that any easing would remain conditional, data-driven and reversible. Contrast this with the ...
Successful debt stabilization requires measures to strengthen public finances and institutions, alongside pro-growth ...
Coming back from an extended conference on gross national happiness in Bhutan, which is one of the first carbon negative countries in the world, I became aware ...
Pakistan’s diplomatic balancing was not entirely a choice;it was also an instrument of necessity. For the foreseeable future ...
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