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May 1, 2023

Sweden
Susanna Fellman: The Nordic Model of Capitalism in Historical Perspective: Past Successes and Future Challenges

While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of the …

European Commission Executive Vice President Valdis Dombrovskis and Swedish Finance Minister Elisabeth Svantesson attend a news conference in Marsta

April 24, 2024

RealEcon
A Tricky Balance for Development Banks and the Developing World

The World Bank and IMF have concluded their spring meetings, but questions remain on China, lending capacity, and balancing the interests of rich and poor countries.

 President and CEO at Mastercard Ajay Banga (L) and CEO at the World Bank Kristalina Georgieva speak on stage at the 8th Annual Women In The World Summit at Lincoln Center for the Performing Arts on April 7, 2017 in New York City.

October 17, 2022

China
Joshua Kurlantzick: My Previous Book on State Capitalism in China—Right Idea, Wildly Underestimated

Chinese President Xi Jinping has gone much further than analysts had predicted he would in state control of the private sector in China and departure from a consensus based authoritarian system to on…

Xi Jinping

May 26, 2022

United States
What the Korean War Era Reveals About the Fed’s Inflation Dilemma

High inflation during the 1950s shared many similarities to today’s rising prices, including a supply crunch due to a national emergency.

A customer shops at a store in New York City in May 2022 as annual inflation surpasses 8 percent.

January 7, 2022

Monetary Policy
Inflation: Learning the Proper Lessons From History

Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.

Prices are seen displayed at a BP gas station in New York City in November 2021.