"Jayati Ghosh & Kanchana N. Ruwanpura think the government’s attempt to resolve the balance-of-payments crisis through austerity will backfire."

"Isabella M. Weber urges policymakers to match their improved understanding of the problem with more appropriate policies."

"While US regulators rush to protect the depositors of failed domestic banks, many others around the world have been left to deal with the effects of the US Federal Reserve’s interest-rate hikes on their own. As in past systemic crises, _...Read More_

>"Rishi Sunak and Joe Biden should be pushing for greater cooperation at the G20, says former UK prime minister Gordon Brown"

"The International Monetary Fund (IMF) announced that its projection for global economic growth is “gloomy and more uncertain” as it reduced its growth expectation for 2022 to 3.2 percent, about half a percentage point lower than previously _...Read More_

"Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems."

>"The global economic order and the myth of sovereignty."

>"Exclusive: Debt Justice calls on UK to use power to make private lenders take part in effective relief scheme"

"India has to brace for the worst because it is now far more globalised in trade, investment and finance. Today, the US Federal Reserve’s actions affect sentiment more than the RBI’s."

"Joseph E. Stiglitz & Mark Weisbrot praise a new agreement that will allow the Argentinian government to pursue a broad-based growth strategy."

"Against all odds, Nigeria’s economy emerged from last year with a somewhat impressive fact sheet. The value of production output expanded by 3.4 per cent in real terms"

"Jayati Ghosh explains how the IMF’s reserve asset can help drive a more equitable and sustainable global recovery."

>"Cut to global forecast largely reflects downward revisions to US and China outlooks."

People are quiting their jobs because the pay isn't keeping up with inflation. I think most people realized that employers don't care about the stress on employees, they only care about their bonuses. Covid killed alot of people, and others _...Read More_

>"Emerging economies should prepare for tough action from Federal Reserve, says fund"