Globalisation And Resilience
Economists miscalculated the disruptions of the global financial crisis and the pandemic—and need to build better models. Read More Here
Category: Global Economy
The Death Of Davos?
Gone are the glory days when the World Economic Forum’s annual conference in the Swiss Alps perfectly captured the optimism and hype of the post-Cold War era of globalization. Today, the mood is decidedly darker, requiring a more clear-eyed perspective on what, if anything, can be salvaged from the recent past. Read More Here
The Global Hunger Crisis Is Here
A more resilient, sustainable, and equitable food system must be a pillar of any climate mitigation or adaptation agenda. But the barriers to building one should not be underestimated, especially for countries and regions where soil is poor, land has little agricultural value, and other natural resources, such as water, are limited or degraded. Read More […]
Social Unrest Is Rising, Adding To Risks For Global Economy
After a pause in popular protest during the first year of the pandemic, people are returning to the streets. This year, large and long-running anti-government demonstrations have occurred in some advanced economies where unrest is relatively rare, such as Canada and New Zealand. Read More Here
The Dangerous New Anti-Globalization Consensus
The long-time critics of globalization who warned us that it would end badly are having a told-you-so moment… It took a protectionist U.S. president, a global pandemic, and a new European war to prove them right. Read More Here
The West’s Economic War Against Russia Is Imperilling the World
The economic war is most unlikely to affect the outcome of the Ukraine War, but it does seem likely to produce outcomes that will prejudice energy security and the climate agenda, while falling hardest on the world’s poor. Read More Here
Governments Need Agile Fiscal Policies As Food And Fuel Prices Spike
Economies around the world have accumulated layer upon layer of legacies from past shocks since the global financial crisis. Extraordinary fiscal actions in response to the pandemic led to a surge in fiscal deficits and public debt in 2020. Read More Here
It’s Time For America And India To Talk Trade
Enhanced bilateral trade is important for growing both economies and providing long-term ballast to U.S.-India partnership. To promote their commercial and strategic objectives, the two countries must also play a central role in developing the economic framework for a free and open Indo-Pacific. Read More Here
The End Of An Economic Illusion
Coming after a year of high inflation, Russia’s war in Ukraine is forcing a reckoning for policymakers and commentators everywhere. New macroeconomic realities show that the days of mindless demand stimulus, guaranteed bailouts, and activist climate policies must now be put behind us. Read More Here
CEOs Beware: “Feel-Good” Isolation Of Russia Might Make Things Worse
When firms act in a wartime setting, they become political actors. Thus, taking a stand in a conflict adds the preferences of the business sector to the complexities of wartime bargaining, often making it more difficult to build a peace agreement that all sides will accept. Read More Here
looking beyond borders 