The Price Of Nostalgia

A new consensus has emerged in American politics: that the United States has recklessly pursued international economic openness at the expense of workers and the result has been economic inequality, social pain, and political strife. Read Here | Foreign Affairs

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Data Is Power

Data is now at the center of global trade. For decades, international trade in goods and services set the pace of globalization. After the global financial crisis, however, growth in trade plateaued, and in its place came an explosion of cross-border data flows. Measured by bandwidth, cross-border data flows grew roughly 112 times over from […]

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Are We Risking A Debt Pandemic?

The prospect of recovery from the COVID-19 crisis makes it all the more urgent to have a firm vision of how the burden of public debt can be reduced once the coronavirus has been vanquished. For this reason, every country must work on itself and strive to maintain budgetary discipline. Read Here | Project Syndicate

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China Still Needs Expansionary Economic Policy

To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this. Read Here | Project Syndicate

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China’s Economic Self-Harm

China’s antagonistic response to concerns over the use of forced labor in Xinjiang suggests that its leaders believe that the Chinese market is simply too lucrative for Western firms or governments to abandon. They may be overplaying their hand. Read Here | Project Syndicate

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Pakistan’s Geo-economic Delusions

In recent weeks, senior Pakistani officials, including the country’s powerful army chief, have signalled or outright said that, from now on, their country’s foreign policy will emphasise geoeconomics. This is a welcome rhetorical shift. Read Here | Foreign Policy

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Will The Boom Last?

After last year’s economic collapse, the prospects for a strong cyclical recovery have always been strong. And judging by a series of must-watch high-frequency indicators, the long-awaited boom has arrived and seems likely to continue building – at least in the near term. Read Here | Project Syndicate

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