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July 27, 2024
 

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DEVELOPMENT

International Monetary Fund guidance on industrial policy must balance protection with market discipline and emphasize fiscal prudence.
COMMENTARY / World
Jul 25, 2024
What fiscally sound industrial policy can do
Industrial policy can help countries cope with growing economic and political uncertainty. But the details matter.
At a waste center in Kamikatsu, Tokushima Prefecture, residents separate trash into 45 different categories as the town aims to become "zero waste."
COMMENTARY / Japan
Jul 22, 2024
How circular economy initiatives are changing the world
From Asia to Europe to Africa, public and private entities are finding new ways to revolutionize the economic paradigm from a linear to a circular model. In Japan, too.
Foreign Minister Yoko Kamikawa (center-left) meets with Samoan Prime Minister Afioga Fiame Naomi Mata’afa (center-right) in Samoa in February. Like other Pacific island and Global South states, Samoa is caught in the crossfire of the U.S.-China rivalry.
COMMENTARY / World / Geoeconomic Briefing
Jul 11, 2024
Japan can help Global South navigate U.S.-China clash
As Washington and Beijing adopt more inward-looking foreign policies, Japan can be a bridge to Global South countries, whose main concerns are security and growth.
Delhi recorded its first death from heatstroke recently, with scorching temperatures wreaking havoc in the capital and other Indian cities.
COMMENTARY / World
Jun 30, 2024
India’s scorching heat is making it unlivable
Climate change is a serious problem in India. Working conditions are becoming unbearable during heat waves and everything from agriculture to construction is affected.
High blood pressure is the world’s single biggest indicator of death risk, yet it receives little attention and even less funding.
COMMENTARY / World
Jun 28, 2024
The world’s biggest killer that you never considered
One of the most dangerous health conditions, high blood pressure, could be tackled easily and cheaply across the globe. But it's getting less attention than other issues.
The total fertility rate dropped to 1.5 children per woman in 2022 from 3.3 in 1960 on average across OECD countries, a report from the organization has said.
WORLD / Science & Health
Jun 21, 2024
Birth rates halve in richer nations as costs weigh, OECD report says
Many in OECD member countries are now choosing to have children later in life or not at all, the report said.
Without stronger international cooperation and policies that advance shared prosperity, growth will remain too slow to support progress on development and poverty reduction.
COMMENTARY / World
Jun 16, 2024
Getting the global economy out of the slow lane
The world economy has avoided recession despite the steepest rise in global interest rates since the 1980s.
After just 1.3 degrees Celsius of warming above preindustrial levels, the countries with the most refugees, asylum-seekers, and displaced people are already among those hardest hit by climate change.
COMMENTARY / World
Jun 16, 2024
It’s far cheaper to help migrants before they leave home
As global temperatures rise, so will the frequency of heat waves, droughts, floods, pandemics, natural disasters, food and water shortages and conflicts over resources.
Doctors and staff from UNICEF treat a malnourished child in Port Sudan, Sudan, on April 17.
WORLD / Society
Jun 6, 2024
Over 1 in 4 children under age 5 live in 'severe' food poverty, UNICEF says
Malnutrition due to limited access to a variety of foods can lead to emaciation, a state of being abnormally thin that can be fatal.
The Bank Indonesia headquarters in Jakarta
BUSINESS / Markets
May 27, 2024
India and Indonesia stand out for EM investors in aging world
Both India and Indonesia had elections this year, showcasing to the world their ambition to transition into major economic powerhouses.
Ecuador has sought funding to fight the effects of climate change, including a June 2023 flood that followed heavy rains in Esmeraldas. So far, the developed world has offered the debt-strapped nation more loans than grants.
ENVIRONMENT / Climate change
May 23, 2024
Rich nations reap climate finance dividend, benefiting from rates and terms
Developed nations have pledged to send $100 billion a year to poorer countries to aid adaptation, but money from the deals is being funneled back into rich economies.
Students can learn faster by using tablets in the classroom. In Malawi, every dollar spent on this type of learning delivers over $100 worth of higher productivity in the long term.
COMMENTARY / World
May 3, 2024
The policies that deliver the most bang for a government's buck
Instead of making many grand promises, governments should prioritize smart policies that yield the highest returns, such as tablets in schools.
U.S. President Joe Biden makes an appearance at an infrastructure construction project in Woodstock, New Hampshire, in November 2021. Bridges and sewage systems may seem unglamorous, but common assets such as these will form the basis of economic growth for years to come.
COMMENTARY / World
May 1, 2024
The West’s new infrastructure imperative
A dim future awaits any society that allows its infrastructure to degrade and underinvests in new needs.
Delegates meet for the Development Committee Plenary during the World Bank and IMF 2024 Spring Meetings in Washington on Friday.
COMMENTARY / World
Apr 24, 2024
Negotiating a bigger, better World Bank
Recent changes at the global lender are important steps toward making the World Bank’s financial model fit for “ending poverty on a livable planet.”
Outside of some activist movements pressing governments for more climate action, global warming is not yet at the heart of the political agenda in most countries.
COMMENTARY / World
Apr 17, 2024
Climate change is political and we must treat it that way
Climate action hasn't made its way onto mainstream political agendas in most countries, to the detriment of our collective ability to solve the crisis.
Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies.
COMMENTARY / World
Apr 5, 2024
Why have developing countries soured on multilateralism?
The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.
The surprising election losses by Turkish President Recep Tayyip Erdogan's ruling Justice and Development Party to candidates of the Republican People's Party are signs of hope for democracy and secularism in the country.
COMMENTARY / World
Apr 2, 2024
Turkey’s Erdogan is down, but don’t count him out
The election upset of President Erdogan’s AKP Party is just the start in a long fight for liberal democracy.
Workers at a factory in the town of Sriperumbudur, in the Indian state of Tamil Nadu, on Jan. 3. Prime Minister Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
WORLD / Politics
Apr 3, 2024
What 10 years of Modi rule has meant for India’s economy
The value of India’s stock market has tripled since the prime minister took office and its economy has almost doubled — but gains have been widely unequal.
Giant cut-outs of Indian Prime Minister Narendra Modi and other party leaders are positioned beside a road in the Indian state of Madhya Pradesh on Feb. 25.
ASIA PACIFIC
Mar 21, 2024
Hardships and broken promises no hindrance for Modi in India's rural north
If India's prime minister earns a third term in office, it will be in spite of the state of the rural and farming economy — not because of it.
Nigerian naira being counted in Lagos, Nigeria. Cash transfers offer a transformative solution to multidimensional poverty.
COMMENTARY / World
Mar 15, 2024
A global cash transfer fund could end extreme poverty
Cash transfers offer a transformative solution to multidimensional poverty, and are aided by improvements in internet and phone coverage.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
Terunofuji (left) throws down Kirishima on Tuesday to build on his perfect record at the Nagoya Grand Sumo Tournament.
Japanese startups advised to internationalize to get some global mojo
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

SUSTAINABLE JAPAN

mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality
mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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