economic crisis
Reports on economic crisis See all →
Zimbabwe: Dashed hopes for meaningful change
After the 2017 coup d’etat ended the strong-arm rule of Robert Mugabe in Zimbabwe, his successor Emmerson Mnangagwa promised to fundamentally reform the bankrupt country and to open it to the world. A short-lived spurt of economic growth followed, but it turned into a deep contraction in 2019. The new president has ties to the old regime and maintains some of its worst practices.
The consequences of prolonged low interest rates in Europe
Monetary policymakers are becoming preoccupied with the risks of persistently low interest rates to Europe’s still fragile economic recovery. Ultra-easy credit is creating growing economic distortions and asset bubbles, while reviving volatility and risk in financial markets. The European Central Bank realizes it must “normalize” rates, but it worries that ...
GIS Dossier: Return of the Daddy State
The aftermath of the 9/11 terrorist attacks and the 2008 financial crisis have led to calls for a dramatic increase in the powers of government. Even the ubiquity of internet-based technologies and the populist backlash against political establishments have had the paradoxical effect of promoting centralization. Yet in both politics ...
Opinion: Conventional measures give false reassurance on global risk
Conventional measures could be the wrong ones to gauge the risk of a financial shock to the global economy. Imbalances created by cheap money are building up in the economy. A close look at market capitalization, share buybacks, and interest-rate spreads presents a troubling picture.
Zimbabwe’s pivotal moment
Zimbabwe’s deepening economic crisis have led to protests of unprecedented intensity against the regime of President Robert Mugabe. However, the opposition is divided, and Mr. Mugabe still has plenty of tricks up his sleeve. If the coalition of opposition parties can remain unified, it has a chance of unseating the ...
