The IMF and the World Bank are preparing to hold their annual meetings in Bangkok this week in the midst of a remarkable shift in the nature of global economic risks, with the debt crisis no longer being limited to developing economies, but threatening some of the world's richest countries. The US, Europe, and Japan have experienced a sharp rise in borrowing costs to their highest levels in decades, driven by the rise of [...] in the article Blo…
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The IMF and the World Bank are preparing to hold their annual meetings in Bangkok this week in the midst of a remarkable shift in the nature of global economic risks, with the debt crisis no longer being limited to developing economies, but threatening some of the world's richest countries. The US, Europe, and Japan have experienced a sharp rise in borrowing costs to their highest levels in decades, driven by the rise of [...] in the article Blo…