Showing 1 - 3 of 3
The US inflation bonanza for sovereign debtors
Oped, Gautam Nair and Federico Sturzenegger, Published on 08/10/2022
» As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from a little-noticed bonanza. During the "Great Moderation" that preceded the Covid-19 pandemic, years of low inflation led to the growth of sovereign debt issued at fixed interest rates and long maturities. Now, two years of unexpected inflation in the United States have effectively diluted this debt.
Illiberal politicians and other threats to democracy
Oped, Federico Fubini, Published on 22/02/2022
» The emergence of illiberal politicians across the West has led to prophecies about the end of democracy. In the United States, Donald Trump is manoeuvring to return to the White House in 2025, after attempting to overturn an election that he lost in 2020. In France, not one but two far-right populists are running for president. And in Italy, Matteo Salvini of the League and Giorgia Meloni of the post-fascist Brothers of Italy will be plausible contenders for the premiership when Italians go to the polls in 2023.
Far-right politicians seek to make gains during pandemic
News, Federico Finchelstein & Jason Stanley, Published on 09/05/2020
» In stark contrast to the effective leadership shown by German Chancellor Angela Merkel, South Korean President Moon Jae-in and Singapore's autocratic technocracy, the world's far-right nationalists have met the Covid-19 crisis with something not seen in decades: the fascist politics of disease. And no one typifies this brand of politics better than Brazil's president, Jair Bolsonaro.