international analysis and commentary
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Choosing an IMF leader: who holds the power?

In the past, the balance of power went something like this: the Europeans ran the International Monetary Fund and the Americans headed up the World Bank. Now, with new emerging economic powers, Europe itself needing debt bailouts and the US…

The shocks that always make a difference

Marta Dassù makes a very good point when she reminds us of the difficulty analysts and policy makers face in anticipating dramatic changes on the international scene. We are simply very bad at predicting the future. International affairs…