Econographics Dec 1, 2023
Financialization has increased economic fragility
By Hung Tran
Since the 1980s, financial activities and assets have played an increasingly dominant role in the global economy. At the same time, underlying economic activity as measured by global GDP has been growing more slowly. The result has been an ever-larger gap between the volume and value of financial activity relative to the real economy. And […]
Econographics Oct 24, 2023
Creditors are still not doing enough to relieve developing country debt: A tale of two confabs
By Vasuki Shastry and Jeremy Mark
The fragmentation on display at the IMF – WB Annual Meetings and the BRI Anniversary event doesn’t bode well for deeply indebted developing countries.