Economy & Markets

Wallerstein and the New World Economic Order

Immanuel Wallerstein (1930-2019), known as a neo-Marxist scholar in Western academia, was a Professor of Sociology and Economic History at Columbia University, Binghamton University,...

How does the BRICS currency transform the world economy?

The creation of a BRICS currency has become throughout the past year one of the headline themes related not only to BRICS, but also...

Examining the Emerging Capitalism in GMOs Through International Political Economy in Everyday Life

The acknowledgment that non-state actors, including those at the local and national levels, contribute to the construction and growth of the global political economy...

Is Hanke’s Inflation Dashboard Pseudoscience?

Steve H. Hanke is a renowned professor of applied economics at the Johns Hopkins University in Baltimore. Hanke’s claim to fame came when he...

The 21st Century Trade Initiative between Taiwan and U.S. and China’s reaction

The US government deliberately pushed forward negotiations with Taiwan's procuratorate authorities on the so-called “21st Century Trade Initiative”, and signed that agreement, which has...

The National GDP Now In a Gift Box

Challenging the current visible economic failures, here is the global-age answer with new economic thinking on fixing national GDP. For some, a great solution,...

Turning the Page on LIBOR

Following a tortuous journey marred by scandals and regulatory scrutiny, the time has come to cease the publication of the London Interbank Offered Rate...

BRICS+ regional powers: a re-assembly of the global economy

The expansion of BRICS that is expected to be discussed during the BRICS summit in South Africa later this year is turning into one...

Trajectory for resilient, inclusive growth

This year China's economy is expected to recover, fueled primarily by a rebound in domestic demand. These improved near-term prospects offer an important opportunity...

Has Free Competition Come to an End?

The World Economic Forum (WEF)'s 14th Annual Meeting of the New Champions, commonly known as the Summer Davos, was held in Tianjin, China from...

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