International Selection

Barry Eichengreen, professor of economics and political science at Berkeley, thinks new negotiations between Greece and its creditors are unlikely before Sunday. The ECB made the best out of an impossible situation.

Charles Wyplosz, Professor for International Economics in Geneva, says there is no alternative to a Grexit if Greek voters say No to the demands of the country’s creditors in the referendum called for next Sunday.

The focus on the downpour in Greece is understandable. But policymakers mustn't fail to prepare for the other two possible storms: Ukraine and populist political movements. A column by Mohamed A. El-Erian.

Vladislav Surkov is the man most responsible for nurturing pro-Putin sentiment in Russia, which increasingly resembles a Stalin-like cult of personality. A column by Nina L. Khrushcheva

The ability to develop institutions that rely more on market competition and less on government will determine the success of emerging markets like Brazil, Russia, India, China and South Africa. A column by Michael J. Boskin.

As China's economy becomes more liberalized, the authorities will scrap growth targets altogether and turn to the more modest notion of growth forecasts. A column by Fabrizio Zilibotti.

Jean-Claude Trichet, former President of the ECB, sees no chance for Greece to return to growth and international trust without a credible recovery plan accepted by its creditors. He doesn’t exclude though the ECB could further allow Emergency liquidity Assistance to Greek banks.

The next government in Ankara ought to play a decisive role in a series of peace processes vital to restoring stability in the wider Middle East. A column by Carl Bildt.

The financial industry will have to serve people via a larger menu of customizable solutions. Traditional firms will be challenged to «self-disrupt» their thinking and operational approach. A column by Mohamed A. El-Erian.

There has been neither inflation nor growth: central banks can seemingly pour hundreds of billions of dollars, euros, or yen into the market with little discernible effect. A column by Daniel Gros.

Greece's strategy of blackmailing the rest of the EU doesn't work anymore. The bond-buying program of the European Central Bank puts a firebreak at each point of the contagion process. A column by Anatole Kaletsky.

The Obama administration rejects a domestic political debate on the Trans-Pacific Partnership TPP. This is a mistake. A column by Simon Johnson.