International Selection

Persuading Putin to get on the «right» side in Syria will require the Trump administration to present a real solution – which it has not shown itself to have. A column by Nina L. Khrushcheva.

Populism remains a wildcard, and only if growth picks up fast enough is it likely to be kept out of play. A column by Kenneth Rogoff.

The EU's policymakers should ignore the protectionist noises coming from Trump, and concentrate on defending the current global trading system and the liberal international order. A column by Daniel Gros.

Adair Turner, chairman of the Institute for New Economic Thinking (INET), wants to reduce government debt and stimulate the economy with freshly printed central bank money.

Trump will have to learn that consensus building is frustrating and that such solutions are neither clear nor simple. The EU, for its part, realized this in the 1950’s. A column by Harold James.

Raghuram Rajan, Professor of Finance at the University of Chicago and former governor of the Reserve Bank of India, warns of more turmoil ahead if the developed world fails to adapt to the fundamental forces of global change.

The centenary will allow Putin to strengthen his preferred narrative: that Russia is now returning to greatness, thanks to the power Putin himself has consolidated. A column by Andrei Kolesnikov.

While Germany’s external surplus, at 8% of GDP, is big – too big – it is not the result of currency manipulation by Germany. A column by Hans-Werner Sinn.

James Montier, member of the asset allocation team at the Boston-based asset manager GMO, is convinced that the US stock market is in bubble territory. However, European equities aren’t particularly cheap, either. Only emerging markets value-stocks appear vaguely attractive to him. Investors should be patient and hold a lot of cash in their portfolios in order to be able to buy when markets are correcting.

Near-term resilience and an inward-looking US appear to offer a tantalizing opportunity for China. But China should resist the temptations of global power projection. A column by Stephen S. Roach.

The low savings rate in the US, the large trade deficit and the Trump victory are closely linked, says Miles Kimball. The economist calls for a new policy framework to keep capital flows in check.

Trump’s domestic agenda is a response to a world in which a principle of openness – to foreign goods, capital, and people – coexists with a complex system for regulating these flows. A column by Harold James.