Comment

With the US economy now enjoying a solid recovery, the best approach may be to move faster toward normalizing debt policy, i.e. to consider borrowing at longer horizons. A column by Kenneth Rogoff.

There is a clear risk that a decade of excessively low interest rates will cause a collapse of asset prices and an economic downturn. A column by Martin Feldstein.

Creating a fiscal union without a political union would forever block the road to unification and set the people of the EU against one another. A column by Hans-Werner Sinn.

In the months ahead, the British public may start to foresee the humiliating endgame between London and Brussels. Voters might even change their minds about Brexit. A column by Anatole Kaletsky.

The clientelist system has become the main threat to Putin’s political survival. The the lack of credible property rights forces rich Russians to hold their money abroad. A column by Anders Åslund.

African governments, with international support, can help students’ transition from school to work by relying on a curriculum that elevates the importance of soft skills. A column by Kim Kerr.

A euro-dollar exchange rate around current levels is what we should want, since developments that could cause the currency to move away from current levels are undesirable. A column by Barry Eichengreen.

A decade after the start of the crisis, advanced economies still have not decisively pivoted away from a growth model that is overly reliant on liquidity and leverage. A column by Mohamed A. El-Erian.

The proposed nuclear-ban treaty could complicate efforts to reduce nuclear arsenals, deepen the gap between nuclear- and non-nuclear states, and increase the risk of a nuclear war. A column by Carl Bildt.

The West needs real investments and higher productivity and wage growth – not more economically unjustifiable profits. A column by Jim O’Neill.

Today’s European strongmen have retained popular support by maintaining the relative economic freedom on which long-term prosperity depends. A column by Daniel Gros.

Avoiding a war is still the world’s best bet – a fact that even the turbulent Trump administration seems to recognize. But that will require cooperation from China. A column by Minghao Zhao.