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 ...
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessie
Conflict in the Middle East has only intensified over the past two years. The recent disruption of the Strait of Hormuz, the world's most critical energy chokepoint, has sent shockwaves across Southeast Asia, a region heavily dependent on fossil fuel imports. Around one-fifth of global ...
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 ...