Assessing Putin’s nuclear threat, narratives about cryptocurrencies and financial inclusion, and what to know about China’s elite gathering.
The outcomes of China’s 20th Party Congress “Under the Xi system, power is highly concentrated, the flow of information to the top is tightly constricted, and the risks of anyone challenging Xi’s view of reality based on objective information are high,” says Richard Bush. Following the conclusion of the National Congress of the Chinese Communist Party, Brookings Foreign Policy experts assess major takeaways from the gathering, including public dissent, prospects for Taiwan, and surprising leadership changes. Read more | Debunking the narratives about cryptocurrency and financial inclusion There are numerous narratives regarding crypto and financial inclusion, but a closer examination of these narratives reveals a mismatch between what crypto can actually provide and the needs of the groups it purports to serve. Tonantzin Carmona discusses crypto’s potential to exacerbate unequal financial services to historically excluded groups and how policymakers and regulators can protect retail investors and consumers while addressing financial inclusion in ways that do not require crypto. Read more | Would Putin roll the nuclear dice? “The nuclear threat understandably raises a frightening prospect. However, it is important to remember that Putin does not want a nuclear war. He wants Ukraine and the West to think he is prepared for nuclear war, hoping to intimidate them into backing down. Western leaders have to respond carefully but must also bear in mind the risks that ensue should they cave,” writes Steven Pifer in his recent op-ed. Read in TIME | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |