The US dollar’s position as the world’s primary reserve currency is a cornerstone of the modern global financial system. While recent market volatility and geopolitical shifts, as highlighted in contemporary analysis discussing potential “de-dollarisation” and concerns over US policy unpredictability, spark debate about its future, understanding its origins is crucial. …
Read More »Citizenship by Investment Programme: IMF report shows growth for St Kitts and Nevis
St Kitts and Nevis has shown a projected growth of 4.5 percent due to the country’s Citizenship by Investment Programme indicated by the latest International Monetary Fund (IMF) report that was released in January 2023. This growth is supported by a steady recovery from the tourism sector and various service sectors. The current …
Read More »Global food crisis: Economists using Sri Lanka’s problems as guide
Sri Lanka serves as a critical case study for economists monitoring the potential for a systemic global food crisis driven by fiscal mismanagement and supply chain fragility. The nation faced a rapid depletion of foreign reserves, falling from US$7.9 billion in 2019 to just US$1.6 billion by 2021, which effectively …
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