Carnegie Endowment for International Peace
Efforts are being made to ramp up production of COVID-19 vaccines in Africa to address the continent’s low rate of vaccination. As of September 2021, there are at least twelve COVID-19 production facilities set up or in the pipeline across six African countries.
China’s central bank has plans to roll out a digital yuan, which could circumvent the U.S. dollar in important global financial transactions. Here are some ways the digital yuan could pose a challenge to the dollar’s prominence.
Illusions about the UK’s special relationship with the United States and a supposedly painless Brexit have been shed. The inability of Boris Johnson’s government to face up to that makes it impossible to define a new role for Britain in the world.
The bezzle, a word coined in the 1950s by a Canadian-American economist, is the temporary gap between the perceived value of a portfolio of assets and its long-term economic value. Economies at times systematically create bezzle, unleashing substantial economic consequences that economists have rarely understood or discussed.
Unlike other major financial markets, Mainland China is home to many mixed conglomerates that control a range of large financial and non-financial firms.
India has proposed a simpler set of rules for drones. These rules could offer a welcome opening for India’s economy.
Overall, Shelby Grossman’s new book advances an understanding of the informal trade that is so ubiquitous in African economies, using a commendable and ambitious research strategy.
Chinese-funded railway projects in the Brazilian Amazon were profoundly shaped by dynamic institutional learning on both sides and sharp public debates in Brazil about environmental sustainability.
The chaos in Chinese stock markets last week was exacerbated by foreign investors selling Chinese shares, leaving Beijing’s regulators scrambling to regain their confidence while they tried to stabilize domestic markets.
Join us for an in-depth conversation with leading scholars on U.S., China, and Africa policy to discuss whether the BRI and B3W can address Africa’s financing needs and how to avoid the negative spillovers of great power competition on the African continent.
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