Many developing countries are currently considering liberalisation of external capital flows. While the ultimate objective of financial opening is to raise efficiency and growth, the reform process must be carefully designed to achieve these results. A recent conference has discussed the policy...

French presidential elections 2022 have significantly strengthened anti-EU populists. Traditional mainstream centrists are not among the big three election winners, while far-right Marine Le Pen deftly addressed the plight of the disengaged. The country's rural-urban divide masks significant...

Die Bedeutung der Industrieländer - auch der USA - für die Weltwirtschaft nimmt schon seit langem ab. Vor allem Chinas Anteil hat demgegenüber deutlich zugenommen. Dennoch erfüllt der US-Dollar bislang weitgehend die Kriterien für eine Leitwährung, auch wenn diese angesichts der...