How climate agreements and trade measures go together
Rather than focusing on international conferences like COP, we should direct our energies towards negotiating agreements that can achieve progress in narrow, but crucial, economic sectors.
Fixing global economic governance
Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
Inequality and democracy
Should we be surprised that so many people view the growing concentration of wealth with suspicion, or that they believe the system is rigged?
Double standards of Western industrial policy
US President Joe Biden’s administration should be commended for its open rejection of two core neoliberal assumptions.
No confidence in the Fed
The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world.
Who stands for freedom?
We desperately need free markets, but that means, above all, markets that are free from the stranglehold of monopoly and monopsony.
How not to fight inflation
Anyone with any faith in the market economy knew that the supply issues would be resolved eventually; but no one could possibly know when.
All Pain and No Gain from Higher Interest Rates
In the name of taming inflation, central banks have set themselves on a path to cause a recession.
June 25, 2022
How the US could lose the new cold war
The United States appears to have entered a new cold war with both China and Russia.
June 3, 2022
Getting Deglobalisation Right
The World Economic Forum’s (WEF) first meeting in more than two years was markedly different from the many previous Davos conferences.
March 10, 2022
IMF’s Unfinished Business
The International Monetary Fund (IMF) is showing promising signs of changing with the times.
January 17, 2022
Argentina’s Covid Miracle
Although Covid-19 has been hard on everyone, it has not been an “equal opportunity” disease.
December 5, 2021
Brazil’s pioneering solution to vaccine shortages
The World Trade Organization was supposed to meet this week to consider a proposal that has been languishing for the past year:
September 30, 2021
A coup attempt at the IMF
Moves are afoot to replace or at least greatly weaken Kristalina Georgieva, managing director of the International Monetary Fund (IMF) since 2019.
August 29, 2021
Getting finance onside for climate
The world has finally awoken to the existential imperative of securing a rapid transition to a green economy.
January 3, 2021
How Biden can restore multilateralism unilaterally
There is so much to celebrate with the new year. The arrival of safe, effective Covid-19 vaccines means that there is light at the end of the pandemic tunnel (though the next few months will be horrific). Equally important, America’s mendacious, incompetent, mean-spirited president will be replaced by his polar opposite: a man of decency, honesty, and professionalism.
February 3, 2020
Has Davos Man Changed?
This year marked the 50th anniversary of the World Economic Forum’s flagship meeting of the world’s business and political elites in Davos, Switzerland. Much has changed since my first Davos in 1995.
January 19, 2020
The truth about the Trump economy
As the world’s business elites trek to Davos for their annual gathering, people should be asking a simple question: have they overcome their infatuation with US President Donald Trump?
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