The US role in the global financial system is changing – here's how it could affect the world's economy
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
Anneka/ShutterstockThe last-minute resolution of the US debt ceiling crisis recently has led to a collective sigh of relief in global financial markets. But the way it was resolved has renewed concerns about the the dominant role of the US in the world economy at a time of unprecedented challenges including low growth, high inflation and worries...
