Comment

Global supply chains have imposed various social costs, and it is questionable, whether hyper-globalized supply chains really are so great for economic efficiency after all. A column by Daron Acemoglu.

Though the Biden administration has altered the tariffs imposed on steel and aluminum imports from the EU, it has replaced them with tariff rate quotas, which is even worse. A column by Anne O. Krueger.

Continuing large bond purchases and fixing policy for longer periods through forward guidance have become less appropriate than ever. A column by Otmar Issing.

Today’s inflationary surge marks the end of the pipe dream of resources created from nothing. The good life financed by the euro system’s printing press is over once and for all. A column by Hans-Werner Sinn.

Beijing’s cyber-watchdog will increasingly play a major role in determining the trajectory of platform businesses. A column by Angela Huyue Zhang.

Taken together, two acts of conquest would shift the global balance of power, sounding the death knell for diplomatic and security arrangements that have underpinned global peace. A column by Carl Bildt.

One of the biggest risks of the pandemic is that it will cause important development agendas to be neglected, for example the pursuit of greater statistical capacity. A column by Pinelopi Koujianou Goldberg.

The US and the EU hold many valuable cards. But they will have to play them fast and effectively to fend off the latest Russian onslaught. A column by Anders Åslund.

If the Kremlin drives the Communist Party underground by devising and implementing rules capriciously, as it has done to Russia’s liberals, the risk of a social explosion will grow. A column by Nina L. Khrushcheva.

Just as the Cold War drove cooperation between the US and European powers, the climate crisis could still lead to less hostile Sino-American relations. A column by Daron Acemoglu.

Robotization will not only moderate labor scarcity; it might even offset it, leading to a labor surplus. A column by Dalia Marin.

Societies that cannot accept today’s energy prices are unlikely to prepare adequately for the green transition, regardless of their net-zero promises for 2050 or beyond. A column by Daniel Gros.