China’s unprecedented growth has transformed the lives of its people and impacted economies across the globe. The financial system supported this growth by pr
An integrated approach to the economics of sovereign default Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies aroun
A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences It is abundantly clear that our world is divided into two very dif
Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-mar
Tax distortions are likely to have encouraged excessive leveraging and other financial market problems evident in the crisis. These effects have been little exp