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Is Democracy in Decline Globally?

Corruption and debt darken the global outlook for democracy.

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Klaus Schwab and the World Economic Forum Run Away from Their Past

We are no fans of neo-liberalism. But look who is now suddenly disavowing it.

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Goldman Sachs Got Caught

Goldman Sachs has to deal with unprecedented punishment for bribery.

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The Post-Pandemic Crisis: What Happens Next?

The failure of multilateral strategic decision-making in these COVID times has been led by the Trump Administration and its bizarre attacks on international institutions.

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No, Germany, You Don’t Have to Pay Billions for Blocking North Stream 2

The German government and the EU have very compelling legal defenses against any claims for damages because of stopping the North Stream 2 gas pipeline project.

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Beyond Wirecard: What Really Ails German Finance

Reforms proposed after the fintech scandal will not be enough to fix a shaky banking sector.

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Germany’s COVID 19 Comeback Story

Germany looks at a solid, but uneven economic rebound from the pandemic, largely based on a pronounced home bias in economic activity.

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An Easy Way to Provide Debt Relief for the World’s Poorest Countries

Donor governments do not have to fund poor country debt relief from their fiscal budgets. They can tap long-unused reserve assets available at the IMF called Special Drawing Rights (SDRs).

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EU 2020 = US in 1913?

With regard to the EU’s own financial resources, Europe is taking another page from U.S. financial history.

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COVID 19: Assessing the Global Corruption Fallout

Corruption is bad today, but bound to get worse. Governments’ response to the COVID 19 pandemic amplifies the opportunities for abuse.

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