... pressing socioeconomic problems
There is reason to believe that the coronavirus will not be going anywhere soon. What is more, IMF experts warn that problems that existed before the pandemic
will only worsen
in the coming decades. One of these problems ... ... from $22.7 to $26.7 trillion. This is the largest increase in U.S. national debt ever. A considerable amount of this debt is financed through the extraordinary growth of the U.S. stock market, which currently accounts for
over half
of the combined capitalization ...
... and yet they contain some vague language that can be interpreted in different ways.
Many actors, and many points of view
Kazushige Kobayashi, Manuel A.J. Teehankee:
The AIIB’s Launch Sets the Stage for Supply-
Side Competition in Development Finance
The scope of AIIB’s activities is somewhat restricted by the existence of large global and regional actors, such as the IMF, the Asian Development Bank, the World Bank, and the OECD. The United States and Japan have met the emergence of the new institution with the strongest skepticism because of its perceived threat to their interest in Asia. Both nations, which are among ...
... accompanied by a more complicated monetary and financial architecture by reducing the weight of the U.S. dollar in international finance. The global economy will become more balanced if it starts to rely upon a number of power centres.
Government of South ... ... is more likely that strong regional centres will be formed around the currencies of all five BRICS countries.
Reforming the IMF and Transitioning to Payments in National Currencies
The priorities of BRICS are focused on the fundamental structures of ...
