Commentary / World Sep 16, 2018
Who really creates growth in an economy?
by Mariana Mazzucato
Contrary to the post-crisis consensus, strategic public sector investment is critical to growth.
NEWSWORTHY
Editorials Sep 13, 2018
We may soon discover how well we learned the lessons of the Lehman shock.
Commentary / World Sep 6, 2018
The rise of state capitalism 2.0
by Alissa Amico
The fall of the Berlin Wall almost 30 years ago represented a high-water mark in the retreat of the state from the global economy, signaling a defeat of socialist economics virtually worldwide. From dirigiste France to communist China, countries with widely divergent economic models ...
Commentary / Japan Sep 2, 2018
Japan, savings superpower of the world
by Jesper Koll
Japan's renaissance as the world champion surplus saver and source of financial capital is a key consequence of Abenomics and the domestic economic recovery.
Commentary / World Aug 27, 2018
Emerging vulnerabilities in emerging economies
by Michael Spence
For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring ...
Commentary / World Aug 27, 2018
Still arguing over the Lehman collapse
by Robert Samuelson
Paulson et al. still claim they did all that could be done to save the troubled firm.
Business / Economy Jul 30, 2018
Global trade in 2017 grew 10.5 percent from the previous year to $17.32 trillion, marking the first rise in three years due to higher energy prices and robust demand for semiconductor-related products, according to a report by a Japan trade body released Monday. The world's ...
Commentary / World May 18, 2018
The debt shackles return despite global expansion
by Michael Heise
Global growth is accelerating, but before we break out the champagne we should acknowledge the long-term risks to sustained expansion.
Commentary / World Dec 7, 2017
The 2018 outlook for major central banks
by Mohamed A. El-Erian
The biggest risk to asset prices and the global economy would be if the most powerful institutions reduce their monetary stimulus at the same time.
World / Politics | ANALYSIS Dec 3, 2017
After hot debate, U.S. tax bill expected to be a boon for businesses
Is it a giveaway to the rich or a relief for the middle class? A boon for business or unnecessary stimulus for an economy already at full employment? The sweeping tax reform package adopted by a slim margin of 51-49 early Saturday by the Republican-controlled ...
Editorials Sep 28, 2017
Central bankers today must figure out how to end and reverse quantitative easing without triggering the effects they sought to avoid nearly a decade ago.
Commentary / World Sep 28, 2017
Did quantitative easing do any good?
by Noah Smith
QE probably helped end the Great Recression, though we'll never know for sure.