Return of Fiscal Policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges....

Migration Myths vs. Economic Facts

On 19 December, 2018, the United Nations General Assembly voted to adopt the Global Compact for Safe, Orderly and Regular Migration, with 152 votes...

Data Protection is Social Protection

In recent decades, social assistance programs around the world have been strengthened to the point that they now benefit more than 2.5 billion people,...

Value Pluralism Is Essential for Sustainability

For much of 2019, news broadcasts and social media have been filled with unsettling images of forests engulfed in flames, leaving behind charred, dead...

ECB Loosening Is Not Enough

If indications of disappointing economic growth in the eurozone are confirmed, the European Central Bank will loosen monetary policy further in September. Last week,...

Does the G20 Still Matter?

When the G20 leaders held their first summit in late 2008, many welcomed what looked like a diverse, highly representative new forum for crafting...

The End of ‘Chimerica’

The escalating rivalry between China and the United States is ushering in a bipolar world. While the past few decades have been defined mostly...

Disrupting climate change through innovation

Because it poses an existential threat to humanity, climate change represents the bad kind of disruption. But it can, and must, be fought with...

A Reform Opportunity for the IMF

This month marks the 75th anniversary of the signing of the Bretton Woods agreement, which established the International Monetary Fund and the World Bank....

Lethal consequences of misclassifying Dolphins

The annual dolphin hunt in the Japanese town of Taiji began in September. By next March, despite global condemnation and mounting criticism from Japan’s...

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