International Selection

Equalizing opportunities ist the best way to fight growing income inequality. A strong public school system like the Swiss one can serve as role model. A column by Fabrizio Zilibotti.

Another financial crisis likely won’t originate in the banking system. But it would be premature to assert that we have put all the risks in the financial system behind us. A column by Mohamed A. El-Erian.

The European Central Bank need not reverse course completely, but it could declare victory in the fight against deflation and start exiting its emergency policies. A column by Daniel Gros.

Washington is conducting talks under the threat of tariffs, which leads to market opening for some products and services in countries with which the US has a bilateral deficit. A column by Martin Feldstein.

By rejecting a democratic transition, the regime of President Maduro is only prolonging its own agony and creating higher costs for Venezuela. A column by Enrique ter Horst.

If the world continues to move toward a low-carbon future, Russia will confront an inevitable choice: launch economic and political reforms, or face continuing marginalization. A column by Kenneth Rogoff.

The IMF has compromised, by reviving the practice of approving a financing program «in principle.» A column by Mohamed A. El-Erian.

If digital voting technology is adopted widely, it could exacerbate trends that are undermining public policy. A column by Dambisa Moyo.

The world is moving in the direction of cooperation to reduce fiscal competition. The result will be higher taxes, slower economic growth and loss of individual liberty. A column by Victoria Curzon Price.

With austerity recovery might take longer to become consolidated; but once it is, economic performance is more stable, because the state's accounts are in a sustainable position. A column by Daniel Gros.

If the Trump administration does indeed pursue a deliberate policy of isolationism, high risk premia on the dollar will have been justified. A column by Jim O’Neill.

It remains to be seen if the president's strategy of renegotiating or withdrawing from individual agreements will prove effective, boosting or harming geopolitical stability. A column by Michael J. Boskin.