Like the rest of the world, Malaysia’s economy risks a “very protracted depression” from the coronavirus crisis without sufficient measures to boost spending and investments, says Jomo Kwame Sundaram, visiting fellow at the Initiative for Policy Dialogue, Columbia University.
What does the 1997 East Asian Financial Crisis tell us about capitalism and crisis more generally? Should we include it alongside the 1930s, 1970s and 2008 as a major crisis in the history of capitali
Many in the West, of the political right and left, now deny imperialism. For Josef Schumpeter, empires were pre-capitalist atavisms that would not survive the spread of capitalism. But even the conser