How China’s Zero-Covid Policy Has Pushed People, Economy To The Brink

Support and acceptance – seen in the early days of China’s attempts to control the spread of Covid-19 – have given way to mounting fear, confusion and a sense of hopelessness among many citizens, but a rapid reopening and shift away from the stringent policy threatens to put China’s medical system at high risk of […]

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The Unavoidable Crash

After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and there will be little that policymakers can do about it. Read More Here

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Ageing Is The Real Population Bomb

The most formidable demographic challenge facing the world is no longer rapid population growth, but population ageing. Thoughtful preparedness—combining behavioural changes, investment in human capital and infrastructure, policy and institutional reforms, and technological innovations—can enable countries to meet the challenge and take advantage of the opportunities presented by demographic change. Read More Here

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Big Tech Gets Derailed

Much of what Big Tech values is praiseworthy, from fun (a good thing) to wondrous creativity. But, like similar episodes in the nineteenth century, the meltdown of FTX, and the turmoil engulfing Twitter and Meta, have exposed the costs of blindly worshiping enterprise and wealth. Read More Here

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Done With Deglobalization?

The global economy’s dire and deteriorating prospects, together with the scale of the climate challenge, have apparently opened world leaders’ eyes to the risks that deglobalization poses. But it remains to be seen whether this realization will be followed by the action needed to reverse course. Read More Here

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