International Selection

Everyone is talking about Fintech, but what exactly is it? An inventory of the status quo and a look into the future.

By pursuing a Congress-supported pivot toward a more comprehensive economic-policy stance, a Trump- administration’s policy could spur the private sector toinvest. A column by Mohamed A. El-Erian.

«We are in totally unprecedented territory», says William White, former chief economist of the Bank for International Settlements (BIS) in Basel. Regarding unconventional monetary policy, the most dangerous side effect is the massive expansion of the balance sheets of central banks, according to White.

Robert Shiller, Professor of Economics at Yale University, is concerned about the rise of populism and thinks that the era of super low interest rates could finally be over.

The Federal Reserve can begin the process of raising interest rates without any need for an offsetting fiscal boost to demand. A column by Martin Feldstein.

Given the fondness that Trump and so many of his appointees seem to have for Russian President Vladimir Putin, life may be about to imitate – if not exceed – art. A column by Nina L. Khrushcheva.

China’s new legal framework for protecting property rights holds a lot of promise. But its success will depend heavily on how it is implemented. A column by Shang-Jin Wei.

In emerging economies today, two billion people, – 45% of all adults – do not have a formal account at a bank. Mobile phones can give them access to banking services and credit. A column by Laura Tyson.

Willem Buiter, Chief Economist at Citigroup, expects higher inflation and rising government debt in the US. For the Eurozone, he is afraid of an accidental break-up.

Given the role of technology in displacing workers, protectionism won’t bring back high-paying manufacturing jobs to America, and Trump has no plan B. A column by Simon Johnson.

Trumponomics fixates on country-specific sources of the trade deficit but misses the fundamental point that these are symptoms of America’s far deeper saving problem. A column by Stephen S. Roach.

If global growth collapses, US growth could suffer severely. Still, it is far more likely that after years of slow recovery, the US economy might at last be ready to move significantly faster. A column by Kenneth Rogoff.