Over the past year, the world witnessed unprecedentedly rapid development of safe and effective COVID-19 vaccines, largely owing to US public
President Biden, Support a People’s Vaccine
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The Challenge of Big Tech Finance
In an old parable about banks and regulators, the banks are greyhounds – they run very fast – while the regulators are bloodhounds, slow
Ensuring a Stronger and Fairer Global Recovery
Although tough trade-offs are sometimes unavoidable, there is a way for policymakers to maintain a robust global economic recovery in 2021
Climate Safety Nets for All
The droughts, floods, and severe weather that come with climate change will leave the world’s poorest and most vulnerable even worse
All Eyes on Digital Payments
Digital payment is a promising technology that can facilitate more flexible transactions with added security. But existing platforms embed
China’s Go-It-Alone Five-Year Plan
Autarky and authoritarianism rarely accompany economic dynamism. China’s latest fie year plan, which emphasizes both, could be a road to
Resolving the Iran Conundrum
US Secretary of State Antony Blinken believes that Iran is only months away from being able to produce enough fissile material to build a
Why Should Biden Ditch Trump’s China Tariffs?
When it comes to tariffs, self-interest and mutual interest are aligned. By reversing Trump tariff’s, everyone will be better off.
Who Needs a Digital Dollar?
Recently, the idea of a digital greenback elicited support from US Treasury Secretary Janet Yellen and Federal Reserve Chair Jay Powell. Ultimately,
The US Military and the Capitol Mob
The disproportionate share of insurrectionists at the US Capitol with a military background are not representative of the armed forces as
Build Back Equal
Creating an economy that works for everyone is not just a matter of empowering those who have been “left behind” by globalization. Instead,
Evolution, Not Revolution, in Economics
A growing acceptance of aggressive fiscal policy is supposed to be the first principle of a new, post-revolutionary regime in macroeconomics.
What Could Cause a US-China War?
Thucydides attributed the war that ripped apart the ancient Greek world to two causes: the rise of Athenian power, and the fear that this
A Realist Reset for US-Saudi Relations
President Joe Biden’s administration appears determined to separate America’s relationship with the Kingdom from the relationship
Central Banking’s Brave New World
Leading central banks are now keen to take on responsibility for policy objectives they previously shied away from, such as reducing inequality
Biden’s Good Start on China
With US President Joe Biden restoring American support for multilateralism and international partnerships, the world’s democracies should
Vaccine Solidarity Now
The G7 has an opportunity to demonstrate global leadership in the COVID-19 pandemic by making the success of the international COVAX vaccine-access
No Time to Waste
Saving the planet from catastrophic climate change will require not only a dramatic increase in funding for clean-energy research and development.
Europe’s ESG Opportunity
Far from being a purely technical matter, assessing firms’ non-financial performance is a deeply political issue. Europe’s inclusive governance
Restoring Nature to Economics
Human economic activity makes extensive use of the ecosystem services nature provides, but these barely feature in measurements of GDP. It
Don’t Isolate Myanmar
US President Joe Biden’s administration must not ignore how often American sanctions against other countries have worked to China’s
The Perils of an Uneven Global Recovery
Vulnerable emerging markets could face a big hurdle if rising inflation pushes bond yields higher in 2021.
Biden’s Asian Triangle
The Japan-US alliance remains popular in both countries, which need each other more than ever. Together, they can balance China’s power
Biden’s Vaccine Challenge
In confronting the COVID-19 crisis, US President Joe Biden will avoid many of his predecessor’s mistakes, not least by heeding the advice