International Selection

Shipping routes have opened up and as a consequence great-power competition is increasing in the Arctic. A column by Carl Bildt.

A double-dip recession – that is what has happened in the aftermath of eight of the last eleven US recessions. The contrast with China’s self-sustaining recovery couldn’t be more striking. A column by Stephen S. Roach.

The prospect of an America paralyzed by a crisis of political illegitimacy at home, and estranged from its allies abroad, might be attractive to the Chinese Communists. A column by Minxin Pei.

So many Americans have invested themselves fully in opposing the unelected bureaucrats of the «deep state» that Trumpism could live on without its namesake. A column by Eric Posner.

While some on the left and libertarian right push for a universal basic income, it would be far better simply to subsidize low wages for those able to work. A column by Michael J. Boskin.

Until lofty stock-market valuations are underpinned by a broad-based recovery in health and economic outcomes, investors should not get too comfortable with their pandemic profits. A column by Kenneth Rogoff.

For companies, governments and households the basic task is the same: to overcome pandemic-induced disruptions in ways that also emphasize the silver linings of the crisis. A column by Mohamed A. El-Erian.

The new digital currency and its cross-border payments system together enhance the renminbi’s role. But this will hardly put a dent in the dollar’s status as the dominant global reserve currency. A column by Eswar Prasad.

Students in publicly funded but privately operated charter schools score remarkably higher on standardized achievement tests than do those in traditional public schools. A column by John B. Taylor.

Policymakers’ most important task is to try to reduce the massive lingering uncertainty while continuing to provide emergency relief to the hardest-hit individuals and economic sectors. A column by Kenneth Rogoff.

One key lesson from Japan’s experience is that it is exceedingly difficult to generate inflation in an aging society with excess savings and abundant capital. A column by Daniel Gros.

Short of a strong Biden effect, here we are, stuck with a weak dollar just when we do not want it in Europe. It means a weak return to growth along with continually low inflation. A column by Charles Wyplosz.