Comment

Whatever governments do about today’s energy shortages, their decisions will have major implications for global growth, inflation, and asset prices. A column by Karen Karniol-Tambour.

Although fears are not unwarranted, it seems intriguing that there is such a strong consensus about an oncoming recession – especially when some of the actual evidence runs against it. A column by Jim O’Neill.

The post-pandemic, post-inflation economic outlook is not all doom and gloom. But much work needs to be done to dismantle artificial barriers and leverage existing technologies. A column by Raghuram G. Rajan.

We have all the tools we need to usher in a new era that provides advanced power, mobility, food, education, and infrastructure to everyone. A column by Nafeez Ahmed.

Expensive imported energy is a problem for all industrialized countries. But the data suggest that Germany is better placed to weather this crisis than most of its main competitors. A column by Daniel Gros.

Fiscal policy needs to be recalibrated. The longstanding argument that Keynesian fiscal stimulus is the answer to every imaginable economic shock has been exposed as bankrupt. A column by Kenneth Rogoff.

Beijing's propaganda holds that Confucian values are incompatible with democracy, and that there is no viable alternative to one-party rule. This is patently false. A column by Daron Acemoglu and James A. Robinson.

Gone are the days when the ECB could deploy asset-purchase programs to provide freshly printed money to member states without creating withdrawal effects anywhere else. A column by Hans-Werner Sinn.

The low-debt countries do not want to «pay for» the high-debt countries via the European Central Bank while the high-debt countries seem unable to rein in their budget deficits. A column by Charles Wyplosz.

Sri Lanka’s lessons can be paired with those from Brazil, which, following its 2002 debt crisis, quickly adopted the necessary policy reforms and went on to enjoy years of sustained growth. A column by Anne O. Krueger.

China is probably not planning to launch an immediate and deliberate attack on Taiwan. But it may decide to engage the US in a game of chicken in the Taiwan Strait. A column by Minxin Pei.

The eurozone needs a program that operates through intergovernmental, rather than monetary, institutions. The European Stability Mechanism should be given a greater role. A column by Harold James.