For a while, the globalization of the yuan seemed inevitable. In this article, we explore the recent developments regarding the Chinese currency, showing how the speculative attack of 2016 has…
In 2019, Chile became the first sovereign issuer of green bonds in the Americas and the third largest issuer among emerging markets the following year. Building on the country’s climate…
International economic institutions such as the International Monetary Fund and the World Bank are fraught with controversy primarily because of claims from critics…
In July 2022, the Democratic Republic of the Congo (DRC) announced that it was auctioning indefinite leases for oil and gas exploration. In total, the parcels cover over 800,000 square kilometers…
In the wake of the Russian invasion of Ukraine on February 24, 2022, many observers warned of the imminent possible expansion of the conflict into the neighboring Republic of Moldova.
Across Latin America, transnational criminal organizations, transnational gangs, and extra-regional actors supporting authoritarian regimes are exploiting growing cracks in the region’s weak financial regulations by transferring parts of their financial…
As decisive pillars of the national economy, Chinese State-Owned Enterprises (SOEs) have been seeking to help the country meet its carbon peaking and carbon neutrality goals since the government announced…
Central America has often been described as a mosaic—a mixture of different cultures and viewpoints in a small area of just 201,497 square meters. It has experienced internal wars, financial…
China’s grand infrastructure development strategy, the Belt and Road Initiative (BRI), has suffered as a result of the COVID-19 pandemic, at least when measured by the amount of funds lent…
China’s currency has considerable economic potential, but, as a reserve currency, the yuan (also called the renminbi) remains far behind the US dollar. Political concerns help explain such underperformance. In…
