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If and when it does run out of cash, the US will default on its obligations to repay borrowers and make payments to individuals and businesses. : Farsnews.ir CCBY4.0

As the US hits its $31 trillion debt ceiling, there’s a danger it could default. Yet the solution to avoiding the debt ceiling is surprisingly simple.

Governments in the red

How the US could easily avoid default

As the US hits its $31 trillion debt ceiling, there’s a danger it could default. Yet the solution to avoiding the debt ceiling is surprisingly simple.

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Japan’s industrial policy has been a blueprint for Asian nations, but many skip over the important context that made it all become a reality.

Asian capitalism

The lasting changes of Japan’s post-war economic reforms

Japan’s industrial policy has been a blueprint for Asian nations, but many skip over the important context that made it all become a reality.

Narendra Modi’s term as PM has coincided with a rise in fortunes for the Adani Group, led by Gautam Adani (right) : Chris Bartlett, 360info.org CCBY4.0

India’s government appears to have favoured the Adani Group to grow more rapidly than older peers and avoid regulatory scrutiny on potentially serious concerns.

Asian capitalism

‘National champion’ Adani beneficiary of favours

India’s government appears to have favoured the Adani Group to grow more rapidly than older peers and avoid regulatory scrutiny on potentially serious concerns.

Korean giant business is facing downturn : “Gangnam IT Business District” by Kaiser Rangwala is available at https://bit.ly/40JHhLB CC by 2.0

Korea’s family-owned conglomerates have enjoyed their privileges for decades. That may be set to end.

Asian capitalism

Korea’s chaebol set to enter the twilight zone?

Asian firms are well placed to scale up the ideas of pioneering businesses. : Hunters Race, Unsplash Unsplash licence

An economist’s century-old idea might be the key driver in the next iteration of Asia’s economic innovation.

Asian capitalism

Asian innovation rests with scaling up

OpenAI, the developer of ChatGPT, has released their latest model, which appears to be their most ambitious public release yet. : Jonathan Kemper, Unsplash Unsplash license

Tech titans are rushing to stake their claim in the lucrative AI chatbot market, but they’re trading off all-important transparency in the process.

Next-gen chatbots

Chatbot revolution risks becoming a race of the reckless

Cost of living is getting higher but not necessarily because of inflation. : “CBF project Yogyakarta” by Aris Sanjaya/CIFOR is available at https://bit.ly/40FEfIH CC BY 2.0

As inflation hits developed economies across the world, what is the experience in emerging economies such as Indonesia?

How emerging economies adjust to inflation

The trend of ‘revenge spending’ is clearly seen after a major upheaval such as the pandemic. : ‘Shoppers in the Bullring’ by Mark Hillary is available at https://bit.ly/3mXZI0A CC BY 2.0

It is a myth that only price increases of household items cause inflation as consumer behaviour may also be a factor.

‘Revenge spenders’ may be fuelling inflation

Universal Basic Income is no more or less inflationary than anything else that raises incomes. : Stan Jourdan CCBY2.0

The idea that a Universal Basic Income fuels inflation makes no economic sense.

Universal Basic Income does not cause inflation