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Kemal Dervis
By Kemal Dervis - Nov 16,2017
According to Harvard economist Dani Rodrik, it is impossible to have full national sovereignty, democracy and globalisation simultaneously.The concept of a “political trilemma of the world economy”, which Javier Solana also recently explored, is useful, but incomplete.Rodrik’s ar
By Kemal Dervis - Nov 02,2017
For citizens of poor countries, migration often is a highly appealing option. The journey to a new country is often perilous, but it promises far greater economic opportunity: average per capita incomes in advanced economies can be more than 50 times higher (in terms of purc
By Kemal Dervis - Apr 22,2017
As the annual spring meetings of the World Bank and the International Monetary Fund (IMF) commence, the world’s economic future appears brighter than it has in some time.The international financial institutions, not to mention many private-sector actors, are projecting significan
By Kemal Dervis - Feb 16,2017
Marine Le Pen, the leader of France’s far-right National Front, may be a charter member of what New America Senior Fellow Scott Malcomson calls the “Nationalist International”, but she is not the only “maverick” who is polling well in the run-up to her country’s presidential elec
By Kemal Dervis - Aug 27,2016
Can global governance solve most of our economic problems?
By Kemal Dervis - Jun 12,2016
When British Prime Minister David Cameron agreed with the European Union in February on revised terms for the United Kingdom’s membership, he insisted that the EU be recognised officially as a “multi-currency union”.With clear limits on European integration in place, on currency
By Kemal Dervis - Apr 16,2016
“Out of ammo?” The Economist recently asked of monetary policymakers.
By Kemal Dervis - Dec 24,2015
The year 2015 was difficult, punctuated by declining growth forecasts, horrific terror attacks, massive refugee flows, and serious political challenges, with populism on the rise in many countries.In the Middle East, in particular, chaos and violence has continued to proliferate,
By Kemal Dervis - Nov 09,2015
At the recent annual meetings of the World Bank and the International Monetary Fund (IMF) in Lima, Peru, one topic that dominated discussions was the slowdown in emerging economy growth.Hailed in the wake of the 2008 financial crisis as the new engines of the world economy, the e
By Kemal Dervis - Sep 23,2015
The European Union’s economic crises of the last half decade have fuelled the emergence of a deep divide between the northern creditor countries and the southern debtors.Now Europe’s migrant crisis is creating an East-West divide between the countries that are welcoming towards t



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