Comment

Policymakers will have to deal with an even bigger shock stemming from the exit of a small, fiscally strong country that is not even a member of the European Union. A column by Harold James and Markus Brunnermeier.

Only if the SNB is confident that it has vanquished deflation and that the Swiss economy is strong enough to cope with a stronger currency is now the right time to abandon the ceiling. A column by Barry Eichengreen.

Now it is time for the Fed and its counterparts elsewhere to abandon financial engineering and begin marshaling the tools they will need to cope with the inevitable next crisis. A column by Stephen S. Roach.

Large deficits have no reliable effect on reducing unemployment, and deficit reduction can be consistent with falling unemployment. A column by Jeffrey D. Sachs.

A strategy for inclusive growth must empower people by including them in the networks that make them productive. A column by Ricardo Hausmann.

Politicians ought to follow the lesson of the Great Depression: Experiment, then scale up the most successful policies to turn the economy around, as Franklin Delano Roosevelt did. A column by J. Bradford DeLong.

Cultivating India as a reliable partner in the global economy and in international affairs is a high priority for the US as well. Obama’s visit to India can help to realize that relationship’s potential. A column by Martin Feldstein.

In 2015, «divergence» will be a major global economic theme, applying to economic trends, policies, and performance. These divergences will become increasingly difficult to reconcile. A column by Mohamed A. El-Erian

To complete monetary union Europe's political union will have to be deepened further: to lay down its rights and obligations in a renewed institutional order. A column by Mario Draghi.

The US presidential candidate who, in the 2016 campaign, will convincingly promote imposing greater constraints on the big banks, will have a good chance of winning it all. A column by Simon Johnson

Health-care reform is just one example in which government can deliver what the public wants by setting goals, encouraging creativity, and providing the resources to scale up what works. A column by Laura Tyson.

The problem is that in many countries, both developed and developing, the current relationship between the private sector and the government is often dysfunctional. A column by Ricardo Hausmann.