China acts according to its interests, including on climate… - Hélène Rey

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China acts according to its interests, including on climate: short-term economic factors may dictate over anything else.

Hélène Rey

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About Hélène Rey

(born 1970) is a French economist who serves as Professor at London Business School (LBS). Her work focuses on international trade, financial imbalances, financial crises and the international monetary system.

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Alternative Names: Helene Rey

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Ha-Joon Chang Lawrence Summers Peter Schiff Michael Hudson Michel Evgenij Chossudovsky

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The risk of social unrest in many countries should not be underestimated.

When the banking system goes down the drain, the economy goes down with it (2008 is still very fresh in our minds).

More vulnerable countries have a much harder time borrowing. Sometimes, financial actors do not want to lend at all and we are faced with episodes of "sudden stops" of capital flows into emerging markets with no way to roll over the debt.

China acts according to its interests, including on climate: short-term economic factors may dictate over anything else. - Hélène Rey

About Hélène Rey

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