Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it's done today.
The BRICS bloc of states have resolved to establish an alternative credit rating agency to counter western dominance in the financial markets. Will it work?
Growth accelerations in African countries have been short-lived. That might be about to change.
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The risk following recently ended economic booms in Africa is that, due to insufficient planning and excessive optimism, the windfalls were wasted. But there are signs that Africa may be changing.
A number of novels provide links between risk-assessment, financial speculation, and terrorism. But simultaneously, real life terror in 2016 renders writing about it completely and utterly pointless.
Some low income families as part of the study reported not having enough money to feed themselves as well as their children.
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Despite worries about a new Asian Financial Crisis, much has changed since the last one in 1997. Even if a crisis were to materialise, it would look quite different from that of two decades ago.
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
The world changed dramatically after the 2008 financial crisis and central banks are adjusting.
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Regulators trying to keep taxpayers from having to foot the bill for the next wave of bank bailouts are placing too much on emphasis on size and missing the 'bigger' picture.
She certainly thinks so.
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Congress just passed a bailout for Puerto Rico – in the nick of time – yet it's not enough to solve the island's biggest challenge: returning to growth.
Senior Research Fellow, Work & Economic Security, Research & Policy Centre, Brotherhood of St Laurence. Social policy and consumer finance researcher, School of Economics, Finance and Marketing, RMIT University
Florent Baarsch, Potsdam Institute for Climate Impact Research; Bill Hare, Potsdam Institute for Climate Impact Research et Michiel Schaeffer, Wageningen University
