Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries
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Rich-country governments should be prepared to invest an additional $1 trillion per year to boost growth and lay strong foundations for a
Although prominent cryptocurrency advocates are politically connected and have democratized their base, regulators simply cannot sit on their
Since the onset of the pandemic in March 2020, the US government has provided tens of millions of households with direct injections of cash.
Is the Federal Reserve making the same mistake again? Stephen Roach thinks the Fed may be overlooking inflation risk just as it did in the
As countries around the world consider whether and how to raise their decarbonization ambitions under the Paris climate agreement, South Korea
When it comes to peace, military supremacy, hatred and subjugation can not substitute for mutual recognition, trust and a willingness to compromise.
US President Joe Biden’s administration has embarked on a bold and long-overdue departure from the economic policy orthodoxy that has
Addressing within-country inequality may be the political imperative of the moment. But tackling vastly greater cross-country disparities
Europe’s experience suggests that decarbonizing the power sector first, while sheltering industry from higher costs, can generate some modest
The glaring global inequity in access to COVID-19 vaccines is both an intellectual and moral failure. The pandemic is a clarion call to start
Over the past year, the world witnessed unprecedentedly rapid development of safe and effective COVID-19 vaccines, largely owing to US public
In an old parable about banks and regulators, the banks are greyhounds – they run very fast – while the regulators are bloodhounds, slow
Although tough trade-offs are sometimes unavoidable, there is a way for policymakers to maintain a robust global economic recovery in 2021
Digital payment is a promising technology that can facilitate more flexible transactions with added security. But existing platforms embed
US Secretary of State Antony Blinken believes that Iran is only months away from being able to produce enough fissile material to build a
When it comes to tariffs, self-interest and mutual interest are aligned. By reversing Trump tariff’s, everyone will be better off.
Recently, the idea of a digital greenback elicited support from US Treasury Secretary Janet Yellen and Federal Reserve Chair Jay Powell. Ultimately,
Creating an economy that works for everyone is not just a matter of empowering those who have been “left behind” by globalization. Instead,
A growing acceptance of aggressive fiscal policy is supposed to be the first principle of a new, post-revolutionary regime in macroeconomics.
Thucydides attributed the war that ripped apart the ancient Greek world to two causes: the rise of Athenian power, and the fear that this
Leading central banks are now keen to take on responsibility for policy objectives they previously shied away from, such as reducing inequality
With US President Joe Biden restoring American support for multilateralism and international partnerships, the world’s democracies should
The G7 has an opportunity to demonstrate global leadership in the COVID-19 pandemic by making the success of the international COVAX vaccine-access