Institutions & debt
The World's Most Influential Economist Faces Criticism
Daron Acemoglu, a renowned economist, has been praised for his work on institutions and prosperity. However, some question his influence and the value of his research.
Institutions & debt
Institutions & debt
China's Totalitarian Institutions Prove Resilient Amid Economic Growth
Despite decades of economic reform, China's totalitarian institutions have shown remarkable resilience, surviving and reasserting themselves under President Xi Jinping.
Institutions & debt
Central Banks and the Delicate Balance of Communication
Central banks face the challenge of communicating effectively without revealing too much, much like the Oracle of Delphi. Striking the right balance is crucial to maintain credibility and influence economic behavior.
Institutions & debt
China’s Debt-Bomb Squad Faces Its Own Crisis
China’s financial firms, originally created to manage bad loans and defuse credit crises, are now struggling with their own debt problems. Guohou Asset Management, a key player in this sector, has become the first to require restructuring, signaling potential trouble ahead for others in the debt-bomb squad.