International Selection

Putins declining approval ratings are not good news for anyone. If he feels that his authority is waning, he may soon decide that it’s time for another victory at others’ expense. A column by Tikhon Dzyadko.

Imposing import tariffs to shore up the old goods-producing industries ignores the dynamics of growth and does nothing to help sunrise sectors. A column by Anne O. Krueger.

While we shouldn’t be surprised by this year’s cryptocurrency price bust, the price of these coins is not necessarily zero. A column by Kenneth Rogoff.

From a political perspective, optimal efficiency is not always desirable. In a democracy, reconciling conflicts of interest among stakeholders may require that we sacrifice some efficiency. A column by Diane Coyle.

If the US and China decided to engage in a prolonged cold war, the – dire – consequences would be dwarfed by another consequence: a lack of sufficiently strong action to combat climate change. A column by Minxin Pei.

The current structure of pension systems in most developed countries cannot be sustained without cutting benefit levels substantially or introducing much higher taxes. A column by Martin Feldstein.

Making the wage subsidy uniform would target those individuals most at risk of being mechanized out of employment, namely less skilled workers. A column by Barry Eichengreen.

Brexit constitutes a revolution, and that means it is bound to follow a familiar historical pattern, but the Brexit revolution has been unfolding in a country with little revolutionary tradition. A column by Harold James.

With few options for rallying public opinion, Putin may well have decided that it is time to «remind» Russians that they are under attack. A column by Andrei Kolesnikov.

At a time of ever-escalating threats and counter-threats, the imperative of compromise cannot be understated. A column by Stephen S. Roach.

The Brexit process showcases the risks associated with economic and political fragmentation and provides a preview of what awaits an increasingly fractured global economy. A column by Mohamed A. El-Erian.

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.