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

[https://www.project-syndicate.org/onpoint/cbdcs-have-become-a-political-imperative-by-piroska-nagy-mohacsi-2023-06?barrier=accesspaylog](https://www.project-syndicate.org/onpoint/cbdcs-have-become-a-political-imperative-by-piroska-nagy-mohacsi-2023-06?barrier=accesspaylog) >"Piroska Nagy Mohácsi thinks governments must embrace central bank digital currencies or risk a _...Read More_

>"IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and _...Read More_

>"Stephen S. Roach thinks America’s latest financial trouble will reinforce a narrative of terminal national decline."

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

>"Editorial: Policymakers are wrong to think rising joblessness and a recession are a price worth paying"

>"Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October"

>"Kaushik Basu explains why soaring prices fuel popular anger in a way that no other economic indicator can."

>"Jayati Ghosh highlights the colossal economic damage caused by the central government’s response to _...Read More_

>"Why the new UK prime minister could struggle to translate her low-tax strategy to the general public."

>"Consumers are in either denial about the economy or think they are managing … for now"

"The global financial crisis brought large economies together but the current crisis comes at a time of deep division"

"Hans-Werner Sinn shows why the European Central Bank can no longer finance member states’ debt without consequence."

>"Editorial: The opposition should be clearer about its own solutions to disputes that the government is shamefully _...Read More_

"How Sri Lanka ran out of foreign currency to pay for imports is a story of fiscal imprudence, unsustainable exchange rate policy and chronic mismanagement."