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Economic Headwinds Facing Latin America and the Caribbean
As the global economic climate grows increasingly volatile, countries in Latin America and the Caribbean (LAC) find themselves navigating a narrow path toward sustainable growth. Despite showing some resilience in the aftermath of the COVID-19 pandemic, the region continues to grapple with structural vulnerabilities that limit its economic potential. According…
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Bridging the Climate Finance Gap: The Imperative Role of Financial Regulators
As the global economy grapples with escalating climate risks, the role of financial regulators in steering financial institutions toward climate-conscious practices has become increasingly critical. In India, the Reserve Bank of India (RBI) has acknowledged the threats posed by climate-related financial risks to economic stability. However, regulatory efforts remain largely…
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Revisiting the Waste Management Hierarchy: Bridging Sustainability Gaps in Policy and Practice
In the early 2000s, as sustainability frameworks gained traction globally, RMIT’s Centre for Design in Australia took a pioneering step. In 2003, it released a landmark discussion paper addressing the relationship between the waste management hierarchy and broader sustainability goals for the Victorian Government. Co-authored by Helen Lewis and John…
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Beyond Tariffs: The Deeper Forces Reshaping the Global Economy
As the global economic landscape undergoes rapid transformation, it is becoming increasingly clear that tariffs are just one piece of a much larger puzzle. A more fundamental realignment is underway, driven by four major policy and structural megatrends: deglobalization, decarbonization, demographic shifts, and rising debt. These powerful undercurrents are not…
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Reigniting Growth in Europe and Central Asia: A Blueprint for Enterprise-Driven Reform
In 2025, the economies of Europe and Central Asia (ECA) are navigating turbulent waters. While growth in the region remained stable at 3.6% in 2024, excluding the Russian Federation, the broader outlook shows signs of strain, with projections slowing to 2.5% in 2025–26. Weak external demand, the fallout from geopolitical…
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China’s Manufacturing PMI Decline in April 2025
China’s economic resilience is once again being tested . In April 2025, China’s official manufacturing Purchasing Managers’ Index (PMI), released by the National Bureau of Statistics (NBS), contracted more sharply than expected, falling to 49.0 from March’s 50.5, and missing the projected 49.8. A reading below 50 indicates contraction, and…
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Tackling E-Waste: India and EU Lead with Producer Responsibility Frameworks
The exponential growth in electronic device usage has triggered a parallel surge in electronic waste (e-waste) globally. As the world becomes increasingly digital, the environmental burden of discarded electronics—laden with toxic metals, plastics, and non-biodegradable components—has become a pressing global challenge. In response, both India and the European Union (EU)…
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Trump Administration Eases Automotive Tariff Impact to Support U.S. Industry
In a significant shift, the Trump administration has announced new measures to soften the blow of its previously imposed sweeping automotive tariffs. The adjustment seeks to alleviate duties on foreign-made parts used in the assembly of vehicles within the United States and prevent double taxation on imported cars — a…