Michael Lim Mah Hui | The Daily Star
  • Michael Lim Mah Hui

  • Financialisation: Tackling the other virus

    The 1971 Bretton Woods (BW) system collapse opened the way for financial globalisation and transnational financialisation. Before the 1980s, most economies had similar shares of trade and financial openness, but cross-border financial transactions have been increasingly unrelated to trade since then.