Economy

Job Creation Is the New Game in Town

2020-11-18

Even if a successful rollout of a new COVID-19 vaccine causes the current health crisis to recede by next spring, the unemployment crisis will remain. That is especially true in the United Kingdom...

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Rethinking Resilience in Business

2020-11-07

COVID-19 is forcing firms to reimagine resilience. Instead of trying to strengthen their ability to resist change, companies must learn how to adapt and adjust ...

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How COVID-19 Will Increase Inequality in Emerging Markets and Developing Economies

2020-11-05

Emerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains

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Capitalism After the Pandemic

2020-10-22

Getting the Recovery Right

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How to Govern the New Digital Domain

2020-10-21

For too long, and on too many issues, policymakers have left the governance of technology in the hands of those who design it. Governments face three imperatives...

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Scotland after Sterling

2020-10-19

Scottish advocates of leaving the United Kingdom need a plan for a new currency and an independent central bank...

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Capitalism Is Broken. The Fix Begins With a Free Covid-19 Vaccine.

2020-10-19

Skewed public-private relationships, like pharmaceutical companies getting millions from taxpayers then overcharging for drugs, are just one part of the problem.

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How to Make Japan Great Again

2020-10-18

If Japans new prime minister, Yoshihide Suga, wants to emerge from the shadow cast by his predecessor, he will need to devise a compelling message

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The Coming Equity Shortage

2020-10-13

Firms that manage to survive until an effective COVID-19 vaccine is widely available will have a bright future but weak balance sheets. Innovative new private-equity funds, modeled on US special-purpose acquisition companies, could provide much-needed cap

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Capitalists and Socialists of the World, Unite!

2020-10-05

Although it can be politically expedient to draw a thick line between capitalist decentralization and socialist central planning, the truth is that these two systems have converged on many occasions...

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White-Collar Crime, No Punishment

2020-10-01

Even if the latest scandals in banking reveal nothing new about the financial industrys ethical standards, they have put a spotlight on a bigger emerging problem the complicity of law enforcement agencies in white-collar crime.

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Can Lebanon’s Fires Be Put Out?

2020-09-05

The blasts that ripped through Beirut’s historic port could hardly have come at a worse time, as the city struggles with the coronavirus pandemic and an economic crisis...

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How Strong Infrastructure Governance Can End Waste in Public Investment

2020-09-05

Countries waste on average about 1/3 of their infrastructure spending due to inefficiencies.

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A Healthy Improvement on GDP

2020-08-24

Many of the failures of GDP as a measure of economic performance are well known. Policymakers in search of an alternative should recognize the far-reaching power of healthy life expectancy as a measure

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Is there such a thing as a ‘good’ or ‘bad’ recession?

2020-08-24

How can the economic outlook appear so bleak, while economists remain upbeat? Not all recessions affect people equally.

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The Robot Question

2020-08-11

Although robots that can perform human labor will put downward pressure on wages in the short term, they also will increase the rate of profit, encouraging more investment and a recovery in the wage rate....

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COVID Coin?

2020-08-08

The COVID-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind. A recent report from the G30 argues that if central banks want to shape the outcome, they need to start thinking fast.

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Fiscal Policies for a Transformed World

2020-07-21

Policymakers should tackle the rising poverty and inequality, as well as the structural weaknesses exposed by the crisis to better prepare for future shocks.

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Trust Funds for All

2020-07-15

The COVID-19 pandemic has exposed many flaws in advanced economies, not least the fact that inequality can be deadly. The case for giving all citizens a capital endowment – reflecting both their inalienable dignity and society’s return on its public inves

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After the Liberal International Order

2020-07-08

If Joe Biden defeats Donald Trump in November, the question he will face is not whether to restore the liberal international order. It is whether the US can work with an inner core of allies to promote democracy and human rights while cooperating with

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A Stronger Recovery Through Better Accounting

2020-07-01

Given that the COVID-19 crisis demands unprecedented levels of stimulus spending, policymakers should use the occasion to adopt a more flexible form...

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Saudi Arabia Isn’t Just Raising Taxes

2020-06-13

For autocratic regimes, increasing taxes could put their survival at risk.

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Destroying Lebanon to Save It

2020-06-13

Conservative Republicans have unveiled a report that could have terrible consequences for a country already facing ruin.

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