The Capitalism and Freedom in the Twenty-First Century Podcast cover image

The Early 2020s: Former World Bank President David Malpass on COVID, Inflation, China, and Climate

The Capitalism and Freedom in the Twenty-First Century Podcast

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The Dollar's Dilemma and Global Recovery

This chapter explores the challenges facing the US dollar as the world's reserve currency amid de-dollarization efforts and the COVID pandemic's impacts on developing nations. It highlights the World Bank and IMF's roles in addressing economic slowdown and vaccine distribution difficulties, while discussing climate financing and inflation complexities. The conversation calls for a reassessment of monetary policies and emphasizes the need for integrated solutions to tackle poverty and climate issues simultaneously.

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