International Monetary System: Beyond the Dollar

Can a crisis be a catalyst of change? Or, put in a different way, are there good and bad crises? A good crisis should trigger a general reassessment of the functioning of the world economy and foster change. So, to paraphrase Rahm Emanuel, United States President Barack Obama’s Chief of Staff, a good crisis cannot, and should not be wasted.

The World Today
Published 1 April 2010 Updated 14 October 2020 3 minute READ

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