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GPI Opinion
This article was originally published by the Digital Pound Foundation. Central bank digital currencies (CBDCs) – a digital form of central bank-issued fiat currency – have seen explosive growth in interest over the past four years. At the start of 2023, 114 countries, representing 95% of global GDP, are currently exploring CBDC, of which 60 are in...
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This article was originally published by Z/Yen. There is much discussion about trust in money these days, especially, towards the end of 2022, in relation to crypto-currencies and to some stablecoins. Indeed, money, though intangible, is all about trust. This is true whether we are discussing private money or public money. However, beyond trust per se, the...
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Rationale for change and reform: Britain is one of the most centralized democracies in the OECD. Resource allocation decisions are centralized in London, and instructions are handed down ‘vertically’ to the devolved nations and English regions. For over five decades differences in income and wealth between London and the South East on the one hand,...
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On the 24th of June 2022, the United States Supreme Court overturned the Roe v. Wade legal ruling and, in doing so, dismantled federal protection for the right to an abortion in America. As a consequence, questions concerning the extent of women’s reproductive rights are once again dominating the popular discourse. Reproductive rights stem from...
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The article (link) examines the rationale behind the exploration by the vast majority of the world’s central banks of introducing central bank digital currencies (CBDCs). The phenomenon is discussed in the context of a number of key issues: a) the main drivers of central bank interest, b) the crucial role of public money in supporting...
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Two well-respected analysts and commentators, John Mearsheimer (2022) and Wolfgang Streeck (2022a and b), have recently put forward a persuasive thesis that historical and contemporary fault-lines are placing the EU in a position where its political and economic independence may be terminally challenged (see especially Streeck (2022b) in an Unheard interview. In summary, the thesis...
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The USA’s long-awaited ‘Indo-Pacific Economic Framework for Prosperity’ (IPEF)[1] was released on 23 May at the Tokyo meeting of the Quadrilateral Dialogue (Quad). The IPEF complements the ‘The Indo-Pacific Strategy of the United States’ (Executive Office of the President 2022) launched on 11 February and the two documents have much in common, which reflects the...
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The worst floods in 122 years have hit Sylhet and Sunamganj in the northwest of Bangladesh. Millions have been displaced, property and livelihoods have been destroyed, highlight once more how vulnerable Bangladesh remains to flooding. Starting on the 16th and 17th of June 2022, heavy upstream rainfall from Meghalaya and Assam states in India have...
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In 2020, 195 people were killed across Bangladesh by law enforcement agencies during ‘shoot-outs’ according to data from Ain o Salish Kendra (ASK), a Dhaka based human rights watchdog. To date, the government has been reluctant to investigate any such killings, however, this changed when police killed retired army officer Major Sinha.   Not only...
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Despite the apparent acceptance at international level of several linked, though in some cases contradictory, norms, namely the (civic) nation-state sovereignty, the territorial integrity of nations-states, unitary and federal governance structures, and the right of self-determination, these norms are frequently challenged. The artificiality of such norms – confirmed only by the flimsy apparatus of international...
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The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.

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