Jayati Ghosh

Executive Secretary of International Development Economics Associates, is Professor of Economics at the University of Massachusetts Amherst and a member of the Independent Commission for the Reform of International Corporate Taxation


NEW DELHI – The International Development Association is the part of the World Bank that is meant to help the world’s poorest countries
11 сентября 2021 6 мин. 2028
NEW DELHI – The Apocalypse is now. That is the glaring message of the perfect storm of COVID-19 and climate change that has now broken. The pandemic is unlikely to end for years, as the novel coronavirus mutates into increasingly transmissible, drug-resistant variants. And the climate catastrophe is no longer “impending” but playing out in real time
15 августа 2021 6 мин. 2383
NEW DELHI – This was supposed to be the Asian century, with the ascent of China being only one – albeit a major – part of the story
25 июля 2021 5 мин. 3381
NEW DELHI – Once again, emerging markets are on the capital-flows roller coaster – one no less dizzying for being so familiar. And once again, the highs and lows of financial-market swings in these economies are mostly generated by external forces, not national policies. But the possibility that even the smallest domestic mistake could send them into a tailspin still looms large
17 июня 2021 5 мин. 3608
NEW DELHI – The Biden administration’s decision to stop opposing a proposed COVID-19 waiver of certain intellectual-property rights under World Trade Organization rules is a welcome move
11 мая 2021 5 мин. 3895
NEW DELHI – One of the most significant socioeconomic changes accelerated by COVID-19 must surely be the rise of digital labor platforms. Of course, platform-based employment had already been growing exponentially before the pandemic. But the combination of lockdowns and stay-at-home orders, and the consequent greater reliance on remote work, has dramatically increased both their spread and intensity of use
15 апреля 2021 5 мин. 5320
NEW YORK – The United States expects to “celebrate independence” from COVID-19 by Independence Day (July 4), when vaccines will have been made available to all adults.
26 марта 2021 6 мин. 4859
NEW DELHI – On March 10, the credit-rating agency Moody’s placed Ethiopia on review for a downgrade. The problem isn’t violence and repression in Ethiopia’s embattled Tigray region. Rather, Moody’s has concluded that the Ethiopian government’s commitment to engage with private creditors, as part of the G20 Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative, raises the risk that those creditors will incur losses. For that, the country apparently must be punished
18 марта 2021 5 мин. 4500
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NEW DELHI – Around the world, governments are succumbing to the allure of biometric identification systems. To some extent, this may be inevitable, given the burden of demands and expectations placed on modern states. But no one should underestimate the risks these technologies pose
17 февраля 2020 5 мин. 21477
NEW DELHI – The COVID-19 pandemic has thrust the entire world – rich and poor – into uncharted territory, prompting extraordinary policy responses almost everywhere. The looming economic fallout will be more severe than that of the Great Depression, the 2008 global financial crisis, and perhaps even the two world wars. After all, none of these previous epochal crises involved a simultaneous global collapse of both demand and supply, with little certainty of how long the sudden stop would persist
13 апреля 2020 5 мин. 12712
NEW DELHI – At the United Nations General Assembly meetings in New York later this month, world leaders will discuss a host of important issues – not least progress toward meeting the UN’s 17 Sustainable Development Goals. And some of the SDGs are highly topical, including those on climate action, decent work and economic growth, quality education, and partnerships to achieve the goals
18 сентября 2019 4 мин. 10186
NEW DELHI – The process of selecting the International Monetary Fund’s next managing director must change. In particular, the tradition of choosing a European for the post – based on an unfair and anachronistic “gentlemen’s agreement” reached with the United States when the institution was established 75 years ago – needs to be discarded. But even more important, the IMF’s longstanding approach to lending should be transformed
19 августа 2019 5 мин. 9704
NEW DELHI – Among the many inequalities revealed by the COVID-19 pandemic, one of the most striking is the dramatic divergence in governments’ fiscal responses. Economic activity has collapsed worldwide as a result of lockdown measures to contain the coronavirus. But while some developed countries have been able to deploy fiscal stimulus on an unprecedented scale, most have not
15 мая 2020 5 мин. 8471
NEW DELHI – For some time now, multinational companies (MNCs) have been gaming the rules of the global economy to minimize their tax liability – or even eliminate it altogether. And for some time now, the Independent Commission for the Reform of International Corporate Taxation (ICRICT) has argued for the unitary taxation of MNCs. Fortunately, there have been some encouraging recent signs that the idea of a unitary tax is gaining traction
17 апреля 2019 5 мин. 8453
NEW DELHI – In the natural world, humans stand out for the complexity of the tools, technologies, and institutions that we have developed. According to the anthropologist Joseph Henrich, we owe this success to our ability to accumulate, share, and adapt cultural information across generations. But just as interconnection causes our “collective brains” to expand over time, isolation can cause them to shrink. Economists should take note
14 октября 2019 4 мин. 7727
Confounding the grim prediction made by the British economist Thomas Malthus in 1798, the world currently produces more than enough food for a population that has increased almost tenfold since then
18 марта 2019 5 мин. 7544
NEW DELHI – On January 5, masked men and women stormed the New Delhi campus of Jawaharlal Nehru University (JNU), where I am a professor, and attacked the students and faculty they found there with sticks, iron rods, and scythes. The university administration, security guards, and local police not only failed to protect the innocent victims of this rampage, which included vandalism and trespassing, in addition to the violence; they watched and were complicit in the assault. This is Prime Minister Narendra Modi’s India
16 января 2020 5 мин. 7529
Last year was a watershed for gender relations. The #MeToo movement rocked establishments around the world, forcing even powerful men to face public scrutiny for their behavior toward women
14 января 2019 5 мин. 7124
NEW DELHI – For some time now, multinational companies (MNCs) have been gaming the rules of the global economy to minimize their tax liability – or even eliminate it altogether. And for some time now, the Independent Commission for the Reform of International Corporate Taxation (ICRICT) has argued for the unitary taxation of MNCs. Fortunately, there have been some encouraging recent signs that the idea of a unitary tax is gaining traction
17 апреля 2019 5 мин. 8453 Репостов в соцсетях: 13
Confounding the grim prediction made by the British economist Thomas Malthus in 1798, the world currently produces more than enough food for a population that has increased almost tenfold since then
18 марта 2019 5 мин. 7544 Репостов в соцсетях: 5
Last year was a watershed for gender relations. The #MeToo movement rocked establishments around the world, forcing even powerful men to face public scrutiny for their behavior toward women
14 января 2019 5 мин. 7124 Репостов в соцсетях: 3
NEW DELHI – The process of selecting the International Monetary Fund’s next managing director must change. In particular, the tradition of choosing a European for the post – based on an unfair and anachronistic “gentlemen’s agreement” reached with the United States when the institution was established 75 years ago – needs to be discarded. But even more important, the IMF’s longstanding approach to lending should be transformed
19 августа 2019 5 мин. 9704 Репостов в соцсетях: 2
It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008
14 декабря 2018 5 мин. 6979 Репостов в соцсетях: 1
NEW DELHI – Pandemics like COVID-19, alarming and destructive as they are, can serve a useful purpose if they remind everyone of the critical importance of public health
17 марта 2020 5 мин. 5619 Репостов в соцсетях: 0
NEW DELHI – India’s capital is under siege from more than two million farmers, who are currently gathered at the city’s border in a massive protest that started two weeks ago. Old and young men, women, and even children from farming families are camping on open roads in the bitter cold of a Delhi winter. They have abandoned their concerns about viral infection and come prepared for the long haul, bringing enough food to last for several months
15 декабря 2020 5 мин. 5053 Репостов в соцсетях: 0
NEW DELHI – This was supposed to be the Asian century, with the ascent of China being only one – albeit a major – part of the story
25 июля 2021 5 мин. 3381 Репостов в соцсетях: 0
NEW DELHI – In the natural world, humans stand out for the complexity of the tools, technologies, and institutions that we have developed. According to the anthropologist Joseph Henrich, we owe this success to our ability to accumulate, share, and adapt cultural information across generations. But just as interconnection causes our “collective brains” to expand over time, isolation can cause them to shrink. Economists should take note
14 октября 2019 4 мин. 7727 Репостов в соцсетях: 0
NEW DELHI – Those who thought that a pandemic would make everyone realize the crucial role of care workers should think again. With the coronavirus still spreading rapidly, frontline workers are more essential – and at greater risk – than ever, yet public attention has shifted elsewhere
15 июля 2020 5 мин. 5486 Репостов в соцсетях: 0

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