Lee Jong-Wha distinguishes current deficit and debt dynamics from those in the run-up to the 2008 global financial crisis.
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Economics
May 18, 2026
Lee Jong-Wha
Today’s global imbalances are driven primarily by domestic saving-investment dynamics and the interaction between geopolitical rivalry, technological competition, and capital flows. Only by taking coordinated action to manage the associated risks can the world prevent today’s tensions from erupting in another global economic crisis.
For many developing countries, the global economic landscape has shifted dramatically in recent years. Lower growth, disrupted…
The apparent resilience of the global economy in the face of a series of shocks comes amid dangerously high debt levels.
In Rome to attend the EU-Africa summit, IMF Managing Director Kristalina Georgieva paints a picture of the global economic…
Eles estão na interseção de quase tudo que importa em geoeconomia e geopolítica
From Africa to Asia to Latin America, billions go hungry while creditors profit.
In South Korea, which imports nearly all of its oil and gas, a global supply crunch has hit hard. Officials have advised energy…
