Income Inequality Archive

On the sidelines of last week’s G-20 leaders’ summit, Argentina and China struck a deal to increase their currency swap program. By doing so, however, China is playing to the worst economic instincts of Argentina’s Peronist government, for which every economic problem can be solved by simply throwing yet another currency plan at it.

As Sri Lanka tries to regain its footing after its economic collapse this year, legislators have introduced changes to the constitution, limiting the power of what was a dominant presidency. The question is whether Sri Lanka will be able to implement more wide-ranging reforms needed to prevent another disaster in the future.