Archives Economics - New Eastern Outlook
Kicking the Ladder: How the Modern Monetary Order Unlearned Its Own History. Part 2
Part I traced a system built on the advice of four economists; even know their theories are not theology. The next half-century is a case study in what happens when that advice – however flawed – is abandoned, and in what happens to the few countries that never got the memo.
Beyond Tariffs: The Geopolitical Unravelling of the U.S-Canada Partnership
The U.S.-Canada relationship is entering a period of strategic change as economic tensions, U.S. pressure and Canada’s push for diversification challenge the foundations of their traditional partnership.
The Currency Peg: A Compulsive Loyalty Program with No Opt-Out Clause!
Inertia in international finance is a powerful force in its own right. But loyalty programs built on one member’s permanent goodwill tend to look sturdiest in the years just before their members start reading the fine print.
