Strategies relying on the pure coercive nature of economic sanctions rarely succeed in their goals, and alone are not capable of forcing countries to make concessions.
Harry Shutt discusses the decline of Capitalism, puts forward his case for a universal basic income, and stresses the need for an interdisciplinary approach to economics.
When there is a regime change it is always manifested by oscillation between the old and the new – there is no other way. And this is the volatility we are observing.
Chinese authorities need to pursue consistent and measured financial policies considering the impact on other countries, and not cause global financial instability.
Domestic owners of public debt pressure governments to maintain fiscal credibility which bolsters the appeal of Treasuries in the eyes of their foreign counterparts.
South African politics must move beyond narrow thinking and recognise political economy as a tool not only for sound analysis, but also for good policy-making.
By using the narrative of an external threat, the Russian leadership seeks to justify centralisation of political economy and the suppression of economic competition.
Economic rapprochement between Russia and the West is unlikely to occur so long as Putin pursues his pet project – the Eurasian Customs Union.
The new institutions of the BRICS signal a new reality in international politics that corresponds to the unique multipolar moment of power and ideas.
It is the selective nature of sanctions that make them a political weapon against countries that refuse to buckle down to western leadership.
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