
Getting Exchange Rates Right
Apr 17, 2019 & highlight the profound implications of ignoring global value chains in calculating countries' competitiveness.
Nikhil Patel is an economist at the Bank for International Settlements.
Apr 17, 2019 & highlight the profound implications of ignoring global value chains in calculating countries' competitiveness.
After a gradual decade-long democratization process, Myanmar’s military seized power again in February and is waging a ruthless crackdown against unarmed civilian protesters. A major escalation of the ongoing turmoil – civil war is a growing possibility – would have implications far beyond the country’s borders.