Análisis

The 15th BRICS Summit took place in Johannesburg, South Africa, from August 22 to 24 of 2023. It happened when there is a perceived relative decline of the United States and its Atlantic allies in the face of the rise of a new hegemon in Asia: China. This international conjuncture, where we see great powers' rise and fall, has profound geopolitical implications characterised below.

The Keynesian premise of international finance was to allow rich, surplus countries to finance the economic development of poor, deficit countries. For some time now, this has not been the case. In the following, we will analyse the enormous debt of the developed countries and their relationship with their developing country creditors. For example, the G7 is the group of debtor countries in the G20, and the other 12 are emerging creditor countries with ample international reserves. The EU as a block is not taken into account here.

En la reciente reunión de julio de 2023 del Buró Político del Comité Central del Partido Comunista de China, la cuestión de la demanda interna insuficiente fue calificada como uno de los desafíos fundamentales que enfrenta su economía en la actualidad.

Hyperinflation is a phenomenon where prices rise rapidly by more than 50% per month, at the same time as the currency loses its real value and the population has an evident reduction in its monetary wealth. In this text, we would like to argue that there are non-monetary elements1,2 that contribute to this phenomenon

ARGENTINA

En los primeros días de septiembre de 2023, poco más de una decena de países han experimentado lluvias severas que provocaron pérdidas humanas y materiales. Al menos un país de cada continente se vio afectado por las inundaciones. No es raro que estos lugares sean golpeados por este tipo de desastre natural, sin embargo, es inusual que suceda al mismo tiempo. El cambio climático es el principal culpable no solo de los daños ya hechos, sino también de la subida en los precios por venir a causa de las cosechas mermadas y cierre de negocios.