Money, Power & Policy: Navigating the Economy
Amid strained American political relations, one may be tempted to question the global effects of the Trump administration, particularly its impact on international trade. What happens when a hegemon turns its back on the...
Biodiversity underpins over half of global GDP, approximately $44 trillion, by supporting essential ecosystem services such as food provision, water purification, and climate regulation, yet its assets are rarely accounted for on balance sheets and...
Picture the buzz of a trading floor where the boldest investors chase the next big win: emerging markets are their playground. As someone from Brazil, I’ve seen this firsthand: these markets draw in the...
The United States dollar is uniquely positioned as the world’s most dominant currency. It serves as the global reserve currency, meaning it is held in large quantities by central banks and financial institutions and...
There is no doubt that the 2008 financial crisis was one of the most catastrophic events in contemporary economic history, and at the centre of the catastrophe were mortgage-backed securities (MBS). Once thought to...
A strange luxury is alive in wealthy democracies: the liberty to dabble in terrible ideas and rarely have to pay the complete tab. Lets call this “The Western Privilege of Terrible Economics”. From fashionable...
I’m an American living in Switzerland, which means I’m watching this trade war unfold from the wrong side of the Atlantic. On the 7th of August, the US slapped a 39% tariff on Swiss...
The international trading system is broken. Through years of asymmetric globalization, the U.S. has seen the rise of global rivals and domestic economic stagnation. Over the past 20 years, America has transferred over $20...
At Building Bridges, a Chatham-House-rules workshop was hosted to brainstorm how to encourage improvement through targeted discussions among stakeholders. Discussion tables were split by topic, including corporate engagement, regulation, emerging markets, credits, biodiversity standards...
Global hegemony requires no army when every transaction is priced in your currency. The United States understood this early. While many empires secured obedience through conquest, modern America has done so through a far...
When we look at what drives human behaviour in today’s modern society, particularly in developed capitalist countries, we notice that few forces are as powerful as the hope for profit. Often decentralized, modern societies...