It was not so long ago that global financial markets were hailed as the bringers of democracy. Yet between that time and now, a couple of crises showed that financial markets not only do not necessarily bring democracy to nations,...
For decades, first world countries have been engaged in the race to reduce taxation on higher incomes, businesses and capital: to give an example, between 1980 and 2020 the global average corporate tax rate dropped from 46% to 26%. This...
For many economists and political commentators, Latin America was the utopia in the mid-2000s when the region was experiencing unprecedented growth and democracy seemed to have more or less consolidated in several countries. From Brazil – which saw its aggregate...
“Liberalism is obsolete,” declared Vladimir Putin to the Financial Times in an interview, published in the respected newspaper only hours before the Osaka G-20 summit. The Russian president is once again center stage in international politics, it seems. This was...
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