Perspectives on Geopolitics, History, and Political Economy

Housing Bubble Déjà Vu

Housing Bubble Déjà Vu

Mar 10, 2017

Commentary from Project Syndicate By Mark Roe CAMBRIDGE – The 2008-2009 financial crisis exposed a serious weakness in the global financial system’s architecture: an overnight market for mortgage-backed securities that could not handle the implosion of a housing bubble. Some nine years later, that weakness has not been addressed adequately. When the crisis...

The Financial Fire Next Time

The Financial Fire Next Time

Mar 2, 2017

Commentary from Project Syndicate By Simon Johnson WASHINGTON, DC – In early 2007, the worst financial crisis in almost 80 years began to unfold, coming to a head 18 months later with the collapse of Lehman Brothers and shock waves felt around the world. Desperate government measures saved us from Great Depression II, and officials vowed “never again” would we...

Caribbean Leaders Want Swifter Action on Climate Funding

Caribbean Leaders Want Swifter Action on Climate Funding

Mar 1, 2017

Global Geopolitics and Political Economy Net – IPS   By Desmond Brown ROSEAU, Dominica, Mar 1 2017 (IPS) – When Tropical Storm Erika hit the tiny Caribbean island of Dominica on Aug. 27, 2015, it killed more than two dozen people, left nearly 600 homeless and wreaked damages totaling more than a billion dollars. The storm dumped 15 inches of rain on...

Stemming Illicit Financial Outflows

Stemming Illicit Financial Outflows

Feb 28, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.   KUALA LUMPUR, Malaysia, Feb 28 2017 (IPS) –...

Making Crises Great Again

Making Crises Great Again

Feb 21, 2017

Commentary from Project Syndicate By Jeffrey Frankel CAMBRIDGE – Debates about financial regulation tend to focus on quantity, not quality. But “more versus less” isn’t so much the issue; the details are. And when it comes to financial reform in the United States, President Donald Trump is unlikely to get the details right. Earlier this month, Trump issued an...

Deutsche Bank Remains Trump’s Biggest Conflict of Interest Despite Settlements

Deutsche Bank Remains Trump’s Biggest Conflict of Interest Despite Settlements

Feb 10, 2017

by Jesse Eisinger ProPublica, Feb. 9, 2017, 10:16 a.m. If you measure President Donald Trump’s conflicts of interest by the amount of money at stake, or the variety of dicey interactions with government regulators, one dwarfs any other: his relationship with Deutsche Bank. In recent weeks, Deutsche Bank has scrambled to reach agreements with American...

Ecuador Revives Campaign for UN Tax Body

Ecuador Revives Campaign for UN Tax Body

Jan 27, 2017

Global Geopolitics and Political Economy Net – IPS   By By Thalif Deen UNITED NATIONS, Jan 27 2017 (IPS) – The Republic of Ecuador, currently chair of the largest single coalition of developing countries at the United Nations, is reviving a longstanding campaign for the creation of an inter-governmental UN tax body and the elimination of tax havens...

China’s Debt-Trap Diplomacy

China’s Debt-Trap Diplomacy

Jan 23, 2017

Commentary from Project Syndicate By Brahma Chellaney NEW DELHI – If there is one thing at which China’s leaders truly excel, it is the use of economic tools to advance their country’s geostrategic interests. Through its $1 trillion “one belt, one road” initiative, China is supporting infrastructure projects in strategically located developing countries, often...

Taming the Chaebols

Taming the Chaebols

Jan 20, 2017

Commentary from Project Syndicate By Lee Jong-Wha SEOUL – The indictment of Lee Jae-yong, the heir apparent at Samsung, is but the latest explosive development in the political scandal that has been rocking South Korea. Already, the National Assembly voted to impeach President Park Geun-hye, the daughter of former president Park Chung-hee, on December 9. The...

Chinese President Xi Claims Global Leadership – Discreetly

Chinese President Xi Claims Global Leadership – Discreetly

Jan 20, 2017

Global Geopolitics and Political Economy Net – IDN InDepthNews   Excerpts From Speech at World Economic Forum Following are detailed excerpts from Chinese President Xi Jinping’s historic 45-minute speech at the World Economic Forum in Davos, Switzerland, on January 18, 2017 in which he calls for a world free of all nuclear weapons, and a global...

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