Larry Summers: It’s Dangerous When Everyone Is a China Hawk
The former U.S. treasury secretary on competition with China and why he puts the chances of a recession at 70 percent.
Economic policymakers from around the globe traveled to Washington this week for the annual spring convening of the International Monetary Fund (IMF) and the World Bank. The backdrop to the meeting was stark: The IMF warned of an “anemic outlook” for the global economy amid rising interest rates, stubborn inflation, and Russia’s war in Ukraine. It projects global growth could slow to just 2.8 percent this year.
Ravi Agrawal is the editor in chief of Foreign Policy. Twitter: @RaviReports
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The World Bank Is Still Failing the Poor
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The World Bank Won’t Succeed Until the West Pulls Its Weight
The development bank doesn’t have enough money to achieve its goals—unless it gets more creative with its balance sheet.
China Is Studying Russia’s Economic Playbook for Conflict
Moscow’s efforts to deflect Western intervention may be applied to Taiwan.
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