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  1. op_vanwaas1_Paula BronsteinGetty Images_rohingya muslims Paula BronsteinGetty Images
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    The Statelessness Pandemic

    Laura van Waas & Natalie Brinham

    At least 15 million people today are stateless, and millions more are threatened with national exclusion. The issue of statelessness thus demands urgent attention, as do works of history that shed light on the problem.

    review two works of history tracing the evolution of the problem and the role of modern states in creating it.
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    Deciphering the Crypto Crackdown

    Featured in this Big Picture
    1. Aleh Tsyvinski Aleh Tsyvinski ,
    2. Ashley Alder Ashley Alder ,
    3. Jon Cunliffe Jon Cunliffe ,
    4. Sheila Warren Sheila Warren ,
    5. Elmira Bayrasli Elmira Bayrasli ,
    6. Daron Acemoglu Daron Acemoglu ,
    7. Jeffrey Frankel Jeffrey Frankel

    Unfettered innovation may sound attractive in theory, but can be problematic in practice – not least when it comes to money and payment systems. Can regulators find a way to protect users and the stability of the global monetary system without killing off private digital money before it comes of age?

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op_vanwaas1_Paula BronsteinGetty Images_rohingya muslims Paula BronsteinGetty Images

The Statelessness Pandemic

Laura van Waas & Natalie Brinham

At least 15 million people today are stateless, and millions more are threatened with national exclusion. The issue of statelessness thus demands urgent attention, as do works of history that shed light on the problem.

review two works of history tracing the evolution of the problem and the role of modern states in creating it.
0
bitcoin board da-kuk/Getty Images

Deciphering the Crypto Crackdown

Featured in this Big Picture
  1. Aleh Tsyvinski Aleh Tsyvinski ,
  2. Ashley Alder Ashley Alder ,
  3. Jon Cunliffe Jon Cunliffe ,
  4. Sheila Warren Sheila Warren ,
  5. Elmira Bayrasli Elmira Bayrasli ,
  6. Daron Acemoglu Daron Acemoglu ,
  7. Jeffrey Frankel Jeffrey Frankel

Unfettered innovation may sound attractive in theory, but can be problematic in practice – not least when it comes to money and payment systems. Can regulators find a way to protect users and the stability of the global monetary system without killing off private digital money before it comes of age?

0
wb phone Beata Zawrzel/NurPhoto via Getty Images

The Undoing of Doing Business

Featured in this Big Picture
  1. Anne O. Krueger,
  2. Joseph E. Stiglitz,
  3. Jayati Ghosh,
  4. Kaushik Basu,
  5. Mauricio Cárdenas

The recent data-manipulation scandal involving the World Bank’s annual flagship report, and the role of the International Monetary Fund’s current managing director, has shaken public confidence in the Bretton Woods institutions. Will procedural tweaks alone be enough to rebuild their reputation, or do the problems run deeper?

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center flag Hector Retamal/AFP via Getty Images

A Reckoning for the China Dream

Featured in this Big Picture
  1. Shang-Jin Wei,
  2. Kenneth Rogoff,
  3. Stephen S. Roach,
  4. Raghuram G. Rajan,
  5. Yuen Yuen Ang,
  6. Nancy Qian

Many investors remain focused on whether the Chinese government will succeed in ring-fencing the problems at the heavily indebted property developer Evergrande. But the bigger issue is what President Xi Jinping’s increasing regulatory crackdown and “common prosperity” agenda mean for China’s long-term growth.

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