Phenomenal World
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phenomenalworld.bsky.social
Phenomenal World
@phenomenalworld.bsky.social
2.9K followers 1.9K following 1.7K posts
Publication of Jain Family Institute. Political economy and critical social sciences.

Disponível em PT / disponible en ES.

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hozic.bsky.social
Media coverage of Mamdani’s inauguration continues to paint him as an out-of-control radical. For insightful background of material struggles behind NY City Hall, read this piece by @ceaweaver.bsky.social in @phenomenalworld.bsky.social published last October.
Stabilization and Speculation | Cea Weaver
Struggles over New York City’s housing policy
www.phenomenalworld.org
January 2, 2026 at 3:12 PM
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xanlopez.xyz
Escribe @shahinvallee.bsky.social sobre los pilares de un "euro global": swap lines, sistema de pagos digital, rechazar eurostablecoins privadas, eurobonos y unión del mercado de capitales. Una cosa a medio camino entre la estrategia estadounidense y la china. www.phenomenalworld.org/analysis/a-g...
A Global Euro | Phenomenal World
With the global monetary order on less certain ground, will Europeans seize the opportunity to make the euro a true reserve currency issuer?
www.phenomenalworld.org
December 27, 2025 at 5:03 PM
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iliasalami.bsky.social
Excellent piece
www.phenomenalworld.org/analysis/gre...
Great Power Antinomies | Phenomenal World
In recent months, the gradual reversal of US semi-conductor controls has triggered alarm across the national security establishment. But far from a sign of reconciliation, the move signals a transform...
www.phenomenalworld.org
December 24, 2025 at 3:30 PM
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phenomenalworld.bsky.social
We are extremely thrilled to announce two new monthly newsletter columns:

MERIDIONAL, by Fernando Rugitsky, will cover the political economy of Latin America—

LABOR & LOGISTICS, by Benjamin Fong, will look at the sprawling US logistics industry, and the workers that populate its supply chains—
December 22, 2025 at 8:39 PM
phenomenalworld.bsky.social
Read the first edition of Labor & Logistics here—

www.phenomenalworld.org/analysis/the...
Defining a Logistics Cluster | Benjamin Y. Fong
Finding and defining logistics clusters across the United States
www.phenomenalworld.org
December 22, 2025 at 8:39 PM
phenomenalworld.bsky.social
Read the first edition of Meridional here (also available in Spanish and Portuguese)—

www.phenomenalworld.org/analysis/mer...
Introducing Meridional | Fernando Rugitsky
A new monthly newsletter column by Fernando Rugitsky on the political economy of Latin America.
www.phenomenalworld.org
December 22, 2025 at 8:39 PM
phenomenalworld.bsky.social
We are extremely thrilled to announce two new monthly newsletter columns:

MERIDIONAL, by Fernando Rugitsky, will cover the political economy of Latin America—

LABOR & LOGISTICS, by Benjamin Fong, will look at the sprawling US logistics industry, and the workers that populate its supply chains—
December 22, 2025 at 8:39 PM
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thepolycrisis.bsky.social
NEW: In this moment of profound uncertainty over the global monetary order, Europe needs to move swiftly on becoming a truly global currency issuer, writes @shahinvallee.bsky.social www.phenomenalworld.org/analysis/a-g...
A Global Euro | Phenomenal World
With the global monetary order on less certain ground, will Europeans seize the opportunity to make the euro a true reserve currency issuer?
www.phenomenalworld.org
December 19, 2025 at 10:47 PM
phenomenalworld.bsky.social
“In June, Christine Lagarde declared ambitions to create a ‘global euro.’

Yet at neither the European Commission, nor the Eurogroup, nor the European Council, has a real discussion about internationalization taken place.”

NEW by @shahinvallee.bsky.social

www.phenomenalworld.org/analysis/a-g...
A Global Euro | Phenomenal World
With the global monetary order on less certain ground, will Europeans seize the opportunity to make the euro a true reserve currency issuer?
www.phenomenalworld.org
December 20, 2025 at 4:25 PM
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jlrodriguezgut.bsky.social
Estos dos textos de @paologerbaudo.bsky.social para @phenomenalworld.bsky.social sobre la economía política del vehículo eléctrico chino.

«El Estado desarrollista del vehículo eléctrico»: www.phenomenalworld.org/es/analisis/...

«BYD Global»: www.phenomenalworld.org/es/analisis/...
El estado desarrollista del vehículo eléctrico | Paolo Gerbaudo
BYD ejemplifica las transformaciones de la política industrial china
www.phenomenalworld.org
December 16, 2025 at 2:00 PM
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70sbachchan.bsky.social
Terrific essay. The leftist student leader turned president Gabriel Boric had a great line—”Chile was the cradle of neoliberalism, it wI’ll also be its tomb.”
Statist experiments in copper, lithium and green hydrogen… how are they going? What can others learn?
www.phenomenalworld.org/analysis/lit...
maxvejares.bsky.social Maximiliano Véjares @maxvejares.bsky.social · Dec 5
New piece for @phenomenalworld.bsky.social on Chile's green industrial policy efforts and its role in the global energy transition.

Can resource-rich countries become relevant players in the upcoming global green economy? Full analysis: www.phenomenalworld.org/analysis/lit...
Lithium Experiments | Maximiliano Véjares
Chile’s mineral strategy and geopolitical realignment in the global energy transition
www.phenomenalworld.org
December 8, 2025 at 4:48 PM
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maxvejares.bsky.social
New piece for @phenomenalworld.bsky.social on Chile's green industrial policy efforts and its role in the global energy transition.

Can resource-rich countries become relevant players in the upcoming global green economy? Full analysis: www.phenomenalworld.org/analysis/lit...
Lithium Experiments | Maximiliano Véjares
Chile’s mineral strategy and geopolitical realignment in the global energy transition
www.phenomenalworld.org
December 5, 2025 at 3:24 PM
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rajakorman.bsky.social
Hey, have you read this yet? www.phenomenalworld.org/analysis/mon...
December 6, 2025 at 12:58 AM
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xanlopez.xyz
The hockey stick of doom vs. the hockey stick of hope (graphics: @yusufimaadkhan.com). www.phenomenalworld.org/analysis/hoc...
December 6, 2025 at 7:47 PM
phenomenalworld.bsky.social
For more, join us and a wonderful lineup tomorrow at 8am ET / 10am ART to make sense of Argentina’s debt traps.

Sign up here: bit.ly/argentina-imf
December 1, 2025 at 1:37 PM
phenomenalworld.bsky.social
What’s going on in Argentina?

Join us tomorrow for an urgent conversation on Argentina’s debt traps, the last two decades of macroeconomic crisis and management, and the Trump-Milei affair.

Register here: bit.ly/argentina-imf

(In English and Spanish, with simultaneous interpretation.)
December 1, 2025 at 1:36 PM
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schooldaves.bsky.social
“To measure Mamdani’s chances of success, we must take a closer look at the constraints and opportunities of the City’s unique public spending model.” www.phenomenalworld.org/analysis/mam...
Mamdani's First Budget | Andrew Perry
Image and reality of New York City’s finances
www.phenomenalworld.org
November 29, 2025 at 4:33 PM
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bvzw.bsky.social
Milei’s austerity brought Argentina’s inflation down to its lowest levels in 7 years, but the fallout is destruction of purchasing power and productive paralysis which causes recession, depressed wages and transfer of resources from labor to financial income. www.phenomenalworld.org/analysis/the...
The Chainsaw and the Miracle | Mercedes D’Alessandro
Argentina's midterm elections have given Milei a renewed mandate to slash the state, working in concert with the IMF and US Treasury.
www.phenomenalworld.org
November 28, 2025 at 9:06 AM
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jomichell.bsky.social
I went for a longer post-budget take last time. I think the conclusion still stands.

The potential criticism of today's budget is that it's further can-kicking. Maybe growth holds up and they manage to avoid touching income tax. Maybe.

www.phenomenalworld.org/analysis/bey...
Britain’s economic policy should go beyond the technicalities of managing the public finances or maintaining stable inflation. Instead, it becomes a question of which groups face challenges to their wealth, power, and influence. Whose income and consumption will be restrained in order to free up resources for higher investment? Is Labour genuinely committed to rethinking the economic model that has held sway for the last forty years, or will it be more of the same but with somewhat higher taxes and spending? Perhaps the biggest problem for Labour lies in the fact there are no easy short-run solutions. National renewal takes time: the legacy of the last fourteen years will not be overcome in a single parliamentary term. With a restive electorate and a hostile media, it is not clear whether Labour will be allowed the time it deserves. If it is to win a second term, Labour needs a narrative about how it is improving peoples’ lives. Beyond a misguided freeze in fuel duty, there is little in Labour’s budget that can be sold as offering immediate relief from the cost of living crisis. Indeed it is hard to think what could be done, at least without more radical redistribution policies. Yet without such a narrative, Reeves’ efforts are likely to be in vain.
November 26, 2025 at 2:15 PM
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qbruneau.bsky.social
I wrote a short piece on capitalism and the states-system for @phenomenalworld.bsky.social

www.phenomenalworld.org/analysis/bet...
November 24, 2025 at 2:11 PM
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lpeblog.bsky.social
At @phenomenalworld.bsky.social, Andrew Perry helps makes sense of Mamdani’s upcoming budget, by looking at the constraints and opportunities of NYC’s unique public spending model.
Mamdani's First Budget | Andrew Perry
Image and reality of New York City’s finances
www.phenomenalworld.org
November 21, 2025 at 7:25 PM
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vbivar.bsky.social
Happy to have written about plastic for @thepolycrisis.bsky.social. Thanks to @70sbachchan.bsky.social for sourcing the excellent graphics. And thanks to @rebecca-altman.bsky.social and @anjakrieger.bsky.social for being my go-to's on all-things plastic.

www.phenomenalworld.org/analysis/pla...
Plastic Planet | Venus Bivar
Stalled negotiations and accelerating accumulation in the global petrochemicals industry
www.phenomenalworld.org
November 17, 2025 at 2:35 PM
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mileskellerman.bsky.social
This was a fantastic overview by @johannespetry.bsky.social of China’s attempts to create alternative (i.e. non-US) financial infrastructures.

Best stat: “by March 2025…RMB accounted for 54.3% of China’s total trade settlement.” @phenomenalworld.bsky.social

www.phenomenalworld.org/analysis/a-s...
A State-led Financial Empire | Johannes Petry
Since the 2008 Global Financial Crisis, China has steadily expanded its role in the global financial system. Through cross-border settlement networks, controlled conduits for foreign portfolio flows, ...
www.phenomenalworld.org
November 16, 2025 at 5:30 PM
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matthewarcher.bsky.social
phenomenal essay in @phenomenalworld.bsky.social by oxford 🤓 historian @vbivar.bsky.social on the political ecology of #plastics…a bleak but necessary read
November 16, 2025 at 11:08 PM
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kerim.one
"Between 2007 and 2025, New York City’s GDP grew at an average annual rate of 5.1 percent, while city revenues grew at just 4.1 percent."

www.phenomenalworld.org/analysis/mam...
Line chart showing two colored lines trending upward from 2008 to 2025. The chart title reads "New York City annual revenue and GDP growth" with subtitle "2008-2025 (2008 = 100)". The vertical axis ranges from 100 to 250, while the horizontal axis marks years 2008, 2012, 2016, 2020, and 2025. A blue line labeled "GDP" starts at 100 in 2008 and rises to approximately 255 by 2025, showing steady growth with a slight plateau around 2019-2020. A green line labeled "Revenue" also begins near 100 in 2008, dips slightly below before rising to approximately 195 by 2025, consistently tracking below the GDP line. The chart has a light beige background with gray horizontal gridlines. In the bottom left corner appears a diamond-shaped logo with "Phenomenal World" text. Attribution text at bottom reads: "Source: New York City Comptroller; BEA" followed by "Research & Analysis: Andrew Perry" and "Graphic: Yusuf Imaad Khan". (ALT Text by Claude AI)
November 16, 2025 at 4:20 AM