Comment

In the face of a colossal challenge, there is nothing worse than wasting scarce resources or spending just for the sake of spending. A column by Harold James.

Fossil fuels still account for 80% of global energy, as they did when governments signed the Paris climate agreement to much fanfare at COP21 six years ago. A column by Kenneth Rogoff.

The contrast between Russia’s traditional energy policy and its new decarbonization talk could not be more striking. A column by Sergei Guriev.

Many worry that without Sino-American cooperation to reduce emissions, no meaningful progress will be made. A column by John Kampfner.

A supply crunch with inflation is a great wake-up call. Supply, and efficiency, must now top our economic-policy priorities. A column by John H. Cochrane.

Geopolitical tensions are rising, primarily between China and the US. At the same time, there is a need for global cooperation to fight the pandemic and meet the threat of climate change. A column by Carl Bildt.

It is good news that, after initially misreading US inflation dynamics, more Fed officials are now starting to come to grips with the situation. The Fed should catch up even faster. A column by Mohamed A. El-Erian.

Just as banks needed to increase their equity buffers after 2008, we perhaps now need to step back from just-in-time production and redefine productivity in light of supply-chain risks. A column by Diane Coyle.

The question is whether China will be able to contain the Evergrande crisis. So far, the expectation seems to be that China will succeed in ring-fencing the problem. A column by Paola Subacchi.

The recent appearance of stagflationary tendencies serves as a timely reminder of the urgent need for comprehensive economic-policy measures. A column by Mohamed A. El-Erian.

The real business-related challenge the US faces vis-à-vis China is the tradeoff between national security and the benefits of economic exchange, not China’s industrial subsidies. A column by Chang-Tai Hsieh.

Forecasters should spend efforts to go beyond their currently quasi-useless models. They can build reasonable scenarios, linking them to explicit assumptions. A column by Charles Wyplosz.