Arvind Subramanian | The Daily Star
  • Arvind Subramanian

  • Sri Lanka Elections: Can the new president turn things around?

    As Sri Lanka makes another crucial political transition, it faces a major risk of macroeconomic instability. Minimising that risk will depend, above all, on whether the country’s newly elected president, Gotabaya Rajapaksa, can defy his reputation and embrace inclusive politics.
  • The battle of the fading hegemons

    Almost a decade ago, China bulls like Martin Jacques and I predicted the rise of the People’s Republic at the expense of a declining United States. Today, with the two superpowers unabashedly jostling for hegemony—their trade war being just one sign of this—it is time for a fresh assessment.
  • End of ideological convergence threatens economic convergence

    For an all-too-brief period between the late 1980s and the late 2000s, the world was characterised by convergence, both ideological and economic. The West and the Rest agreed that an open liberal order was the best way to increase prosperity. Now, however, this ideological order threatens to unravel, with adverse consequences for the world economy.