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April 6, 2017

China
RMB Globalization, Once "Unstoppable," Heads Into Reverse

    “The globalisation of the [Chinese RMB] seems remorseless and unstoppable,” the Economist pronounced in April 2014.  A year later, a research-grant foundation asked me (Benn) to review …

RMB Globalization, Once "Unstoppable," Heads Into Reverse

March 30, 2013

Asia
Is Democracy in Reverse?

In today’s Los Angeles Times, longtime foreign correspondent Carol Williams poses a wide-ranging series of questions about my new book Democracy in Retreat. You can see the whole interview here.

An anti-government protester sits in front of riot police near the Government house in Bangkok on November 24, 2012.

March 30, 2007

Emerging Markets
Reverse globalization

The phrase the “uphill flow of capital” seems to have caught on.  It is a vivid way of describing a world where poor countries finance rich countries.   Or, a bit more accurately, China and some no-l…

December 28, 2012

Sub-Saharan Africa
Nigeria: What if Globalization Reverses?

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former e…

 People protest on a street in Kano before the suspension of a nationwide strike by labour unions 16/01/2012.

August 4, 2008

Monetary Policy
Reversal of fortune

Korea’s reserves fell by about $10 billion in July -- a bigger fall than in November 1998,* at the height of Korea’s crisis. Korea, of course, has WAY more reserves now. It can afford to intervene …