Comment

When the inevitable downturn of the Chinese economy arrives, the world is likely to discover that China’s economy matters even more than most people thought. A column by Kenneth Rogoff.

All told, Washington's steel tariffs will neither reduce the US current-account deficit nor create more net jobs. A column by Anne O. Krueger

While the costs to Western companies imposed by the technology-transfer requirement are probably being vastly overstated, so, too, are the benefits that the policy brings to China. A column by Daniel Gros.

American presidents, like star athletes in team sports, get both too much credit and too much blame from voters and historians for what happens on their watch. A column by Michael J. Boskin.

That could mean that the Fed must contemplate monetary tightening that significantly exceeds the so-called comfort zone of normalization that financial markets are currently discounting. A column by Stephen S. Roach.

In the case of Italy, then, the EU should remain flexible. But Rome must also implement the supply-side changes needed to sustain faster growth in the long term. A column by Mohamed A. El-Erian.

If a recession begins as soon as 2020, the Fed will not be in a position to reduce the federal funds rate significantly. Monetary policy might be unable to combat a downturn. A column by Martin Feldstein.

The EU should not just look at what the candidate countries in the Western Balkans are or have been, but also at the zeal with which they act in order to become what they aspire to be. A column by Ricardo Hausmann.

Those with the power to set and enforce EU fiscal and monetary rules know full well that the eurozone could not survive a Greek-style crisis in Italy. They must make sure it doesn’t come to that. A column by Jim O’Neill.

For the US to shrink its overall deficit, it must either reduce expenditures or increase savings. Nothing in the USMCA does that. A column by Anne O. Krueger.

China needs to shift from imported to indigenous innovation to avoid the middle-income trap. The US needs to refocus on innovation to overcome yet another productivity slowdown. A column by Stephen S. Roach.

At the multilateral level, there is a need for more frank, genuine, and cooperative discussion about the cross-border effects of individual countries’ policies. A column by Mohamed A. El-Erian.