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Paola Subacchi

Paola Subacchi

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Paola Subacchi, Professor of International Economics at the University of London’s Queen Mary Global Policy Institute, is the author of The People’s Money: How China is Building a Global Currency.

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  1. op_dervis1_Mikhail SvetlovGetty Images_PutinXiJinpingshakehands Mikhail Svetlov/Getty Images

    Cronies Everywhere

    Kemal Derviş

    Three recent books demonstrate that there are as many differences between crony-capitalist systems as there are similarities. And while deep-seated corruption is usually associated with autocracies like modern-day Russia, democracies have no reason to assume that they are immune.

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