Central banks around the world – led by the US Fed – are raising interest rates, ostensibly to check inflation. The ensuing race to the bottom is hastening world economic recession.
Comment on “Social Justice and Affirmative Action in Malaysia: The New Economic Policy after 50 Years” by Lee Hwok Aun. Asian Economic Policy Review. 26…
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Central banks’ inflation phobia and dogmatic beliefs are dragging economies into recession and debt crises as they take their cues from Washington: the…
Policymakers are obsessed with achieving low inflation. Many central banks adopt inflation targeting in various ways, typically to keep inflation at 2…
After a quarter century of stagnation, African recovery in the 21st century was under pressure before the pandemic, due to new trade rules, falling…
As rich countries raise interest rates to address inflation, developing countries are also struggling to cope with slowdowns, inflation, higher interest…
Most African French colonies got formal independence in the 1960s. But their economies have progressed little, with most in poverty and much worse off…
After Trump’s ‘America first’ isolationism, US President Joe Biden announced “America is back”. His White House has since tried to find allies against…
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