The best response to populism is active government policy. We need more and better smart liberalism.
The United States needs to put monstrous and mostly self-serving financial institutions in proper check.
Reforms to make the World Bank less dependent on the United States would enable them to be more effective
China provides close to triple the average annual energy lending of the World Bank and all the Western-backed multi-lateral development banks combined.
Britain is not alone in paying a price for its strategic isolationism. International disillusionment with the US has also begun.
The need for action is clear, but count on it being “papered over.” Reflections on the G20 Hangzhou Summit.
What happens when the need for economic adjustment moves from the global South to the North.
It seems we are headed for a deflationary wave or a wave of hyperinflations. But there is an alternative.