How high borrowing costs hold back developing countries, U.S. science and tech innovation, and is the Democratic Party moving left?
The California primary—what happened to the revolution? Bernie Sanders burst onto the national scene with his statement that the U.S. needs “a political revolution.” Since then, he has inspired left-wing activists and politicians across the country. But has the Democratic Party swung to the left? Elaine Kamarck assesses this question and the recent California primary election results. Read more | Bridging the ‘great finance divide’ in developing countries In the aftermath of the COVID-19 pandemic and the war in Ukraine, high external borrowing costs are limiting the ability of developing countries to respond to shocks and invest in recovery. The U.N.’s Shari Spiegel and Oliver Schwank share four recommendations to address the problem head-on. Read more | 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. | |