International Development, The Reserve Currency, and Xi Jinping’s Legacy

This week, Noah Smith and Erik Torenberg unpack China's economic strategies under Xi Jinping, from the controversial tech crackdown to the ambitious Belt and Road Initiative. They explore the intricacies of international currency dynamics, dissect Ben Bernanke's pivotal role in the 2008 financial crisis, and examine the complex effects of brain drain on developing nations.

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LINKS:

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TIMESTAMPS:

(00:00) Intro

(01:02) Japan's economic revival

(03:18) Foreign Direct Investment (FDI) insights

(11:27) Brain drain vs. Brain gain

(18:30)