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From golden parachutes to golden shares

The progress of globalization and liberalization that characterized the past three decades since the fall of the Berlin Wall in 1989 has stopped in its tracks - gradually and then suddenly in the words of Ernest Hemingway – with the present…

Fighting the recession: money, not debt

The coronavirus crisis is forcing Western policymakers to bend their principles: lawmakers in the United States have just approved 2.2 trillion dollars in emergency spending; the President of the European Commission, Ursula von der Leyen,…