Of Interest
you are currently viewing::Currency Dominance in the Digital AgeJuly 28, 2025--As digital technologies become the rails upon which money moves, the resilience and credibility of currency networks increasingly hinge on the integrity of technological infrastructure. This fundamentally changes the logic of monetary competition, with far-reaching implications for financial and geopolitical stability. For more than 80 years, the US dollar has enjoyed unrivaled supremacy in world trade and finance, thanks to America's unique combination of economic scale, credible institutions, deep and liquid financial markets, and geopolitical might, as well as, crucially, network effects. But a new variable is poised to reshape the global monetary order: data integrity. Source: project-syndicate.org |
Green Technologies: Decarbonizing Development in East Asia and Pacific
June 2, 2025--East Asia is helping the rest of the world decarbonize and encouraging the domestic adoption of renewable energy. But there is an imbalance: Even as the region's innovation and investment improve global access to green technologies, the region's own emissions continue to grow, because of the reluctance to penalize carbon-intensive practices.
A Critical Look at Dollar Dominance
May 23, 2025--The dollar remains central to the global economy despite the search for alternatives.
How has the US dollar dominated the global financial system for so long? Harvard economics professor Kenneth Rogoff seeks to answer this question in Our Dollar, Your Problem. As the world comes to terms with the dollar’s weaponization in geopolitical rivalries and recent flight from US financial assets, the book couldn't be timelier.
Economics and Nature's Laws
May 23, 2025--A provocative new book proposes a radically different approach to economic theory
Among ongoing efforts to rethink the basic tenets of mainstream economics is a provocative new book by James Galbraith and Jing Chen. The authors sweep aside the intellectual structure of mainstream theory-which rests on concepts like the marginal utility theory of value, market equilibrium, and a steady state for the economy-and propose a radically different approach: "entropy economics."
AI Needs More Abundant Power Supplies to Keep Driving Economic Growth
May 13, 2025--The power-hungry technology requires policies to help expand electricity supplies, incentivize alternative sources, and help contain price surges
Artificial intelligence is an emerging source of productivity and economic growth that's also reshaping employment and investment.
Africa Poised to Become a Global Leader in Carbon Markets, Says New Report
May 7, 2025--A new report, the 2025 Africa Carbon Market Outlook (ACMO 25) says Africa is poised to become a global leader in carbon markets.
