Economics

The Dream Empire

Development in the Next Global Superpower

“Dream Empire”, a documentary set in China between 2012 and 2014, narrates the economic collapse of the Chinese real estate industry and reflects on the language of development through changing social dynamics of Yana and David, the two main characters. Yana is the co-founder of a foreigner agency that employs foreigners who came to China
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The ‘debt-trap diplomacy’ narrative: A look at the other side

A case study of a controversial Sri Lankan port deal and other Chinese lending practices

The ‘debt trap diplomacy’ narrative has become a defining account of Chinese overseas financing since it was first uttered by the Trump administration. However, as with all ubiquitous narratives, it is worth probing and looking into this claim to understand its validity, what it means, and whom it serves. Let us backtrack and take a
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“The Most Important Economic Agreement of the 21st Century”

GLOBAL MINIMUM CORPORATE TAX RATE

On October 31st, 2021, years of negotiation between the members of the Organisation for Economic Co-operation and Development (OECD)/G20 inclusive framework on tax base erosion and profit shifting (BEPS) finally materialised in a new agreement in the form of a global minimum corporate tax rate of 15% that is set to take action by 2023.
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Bolsonaro’s Crimes Against Humanity

High hopes for a Senate inquiry into Brazil’s disastrous handling of the coronavirus pandemic.

The Covid-19 pandemic has taken a terrible toll on Brazil. In April, the country suffered the highest number of deaths of any nation on earth, with 13% of the world’s Covid-19 fatalities. The virus has killed 1 in every 400 Brazilians, but many experts believe the true death toll may be even higher. According to
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