developing economies

Will the Next Global Financial Crisis Begin in the Developing World?

Will the Next Global Financial Crisis Begin in the Developing World?

October 1, 2018

Malaysian economist Jomo argues that the central banks of the developed world created so much liquidity that they flooded developing countries’ economies with capital and now any financial hiccup could cause severe problems

Reality Asserts Itself - Heiner Flassbeck

February 2, 2014
Heiner Flassbeck, former director of UNCTAD, says the “market” is good for making high profits from international exchange rates; the only rational solution for a healthy economy is take exchange rates away from the market