Economy
Nationalism, a potential threat to modern Capitalism
With the
deteriorating contemporary world order the question of what will be the next
world order examined more. Since the WWII ended capitalist ideology dominate
the world...
Brain-Economy over Digital-Economy
A digital economy is like a
twinkling-stars-economy; blinking, clicking, and balancing books, replacing old
style pencil-pushing-cart-pulling deeply stuck in the mud economic models.
Digital miracle can only...
Will Asia pioneer the “de-dollarization” process?
Denmark-based Saxo Bank has released a new batch of
"outrageous" predictions for 2020 that it believes could potentially
destabilize the entire international system existing today. The...
Is tacit knowledge transfer another hype in the development community?
Multilateral development banks put a lot of
currency on knowledge sharing to spur innovation and help countries leapfrog
development. At the same time, they find it...
A small deal but a big step in the right direction
Authors: Yang Yizhong & Paul Wang
After more than one year of tortuous negotiations and the quarrels between the United States and China, one trade...
IDA: Partnering with the Eastern Caribbean Small States
With its natural beauty, blue seas, and white sands,
the Caribbean has long been a prized destination for visitors. The
region’s location and geography – a...
Banking on action: How ADB achieved 2020 climate finance milestone one year ahead of time
As they extend their power grids, build more roads and
bigger cities, and cultivate forestland, developing countries in Asia and the
Pacific are increasingly contributing to...
The Yuan versus the Dollar: Showdown in the Global Financial Arena
At the 1944 Bretton Woods Conference, the United
States laid the foundation for the U.S.-centric international monetary system,
thus ensuring the dollar’s status as the key...
Why Wealthy Countries Must Step Up Their Contribution to Fight Global Poverty
Member countries of the International
Development Association (IDA), a part of the
World Bank Group, are meeting shortly to discuss the 19th replenishment of IDA,
which will...
BRICS countries deem a single crypto currency
Speaking on the sidelines of the BRICS summit, which took place in
Brazil in mid-November, President of the Russian Direct Investment Fund (RDIF)
Kirill Dmitriev came...