Tag: Dvelopment Finance
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Falling Through the Net? The Perils of Relying on Central Bank Swaps for Global Crisis Finance
By Laurissa Mühlich, Thomas Goda, and Marina Zucker-Marques Since the 2008 global financial crisis, central bank swaps have emerged as an increasingly important pillar of the Global Financial Safety Net (GFSN), the network of institutions and arrangements that aim at ...
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Banks, Not Tanks: Regaining the Spirit of Nixon’s 1972 Visit to China
By Kevin P. Gallagher and Cecilia Han Springer 50 years ago, from February 21-28, 1972, U.S. President Richard M. Nixon visited Beijing, beginning the process of normalizing diplomatic relations between the US and China. In the Shanghai Communiqué issued during that historic ...
A drone view shows a ship and electric and hybrid vehicles manufactured by Chinese automaker BYD at the port of Zarate, Argentina, on January 20, 2026. (Photo by Matias Baglietto/NurPhoto) (Photo by Matías Baglietto / NurPhoto / NurPhoto via AFP)
To international visitors, Bonn—tucked along the Rhine River valley in western Germany—can feel like a time capsule. “Many things never change,” my local hosts told me, gesturing proudly toward the Bonn Minster, the Romanesque church that has anchored the city center since the Middle Ages. After more than two dozen visits ...
Falling Through the Net? The Perils of Relying on Central Bank Swaps for Global Crisis Finance
By Laurissa Mühlich, Thomas Goda, and Marina Zucker-Marques Since the 2008 global financial crisis, central bank swaps have emerged as an increasingly important pillar of the Global Financial Safety Net (GFSN), the network of institutions and arrangements that aim at ...
Banks, Not Tanks: Regaining the Spirit of Nixon’s 1972 Visit to China
By Kevin P. Gallagher and Cecilia Han Springer 50 years ago, from February 21-28, 1972, U.S. President Richard M. Nixon visited Beijing, beginning the process of normalizing diplomatic relations between the US and China. In the Shanghai Communiqué issued during that historic ...