NEW YORK – US President-elect Joe Biden’s decision to appoint Janet Yellen as the next Secretary of the Treasury is good news for America and the world
07 декабря 2020
5 мин.
8600
NEW YORK – Whereas Nero famously fiddled while Rome burned, US President Donald Trump has famously hit the links at his money-losing golf courses while California burns – and as more than 200,000 Americans have died of COVID-19 – for which he himself has now tested positive. Like Nero, Trump will undoubtedly be remembered as an exceptionally cruel, inhumane, and possibly mad political figure
07 октября 2020
6 мин.
5772
NEW YORK – Julia Jackson, the mother of Jacob Blake, a young black man from Kenosha, Wisconsin, who was shot seven times in the back by police, got it right when she said, “America is great when we behave greatly.” Sadly, for the past four years, President Donald Trump has been leading America in the exact opposite direction
15 сентября 2020
5 мин.
4715
NEW YORK – While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined $130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries will be forced to default
05 августа 2020
6 мин.
5868
NEW YORK – In the wake of COVID-19, there is an urgent need for sovereign debt restructuring, including debt relief. In the circumstances caused by the pandemic, many countries’ repayment obligations could have devastating social consequences if they are not adjusted. Financial markets face risks of sovereign default
13 июля 2020
9 мин.
7828
NEW YORK – Although it seems like ancient history, it hasn’t been that long since economies around the world began to close down in response to the COVID-19 pandemic. Early in the crisis, most people anticipated a quick V-shaped recovery, on the assumption that the economy merely needed a short timeout. After two months of tender loving care and heaps of money, it would pick up where it left off
02 июля 2020
5 мин.
8666
NEW YORK – Governments around the world are responding forcefully to the COVID-19 crisis with a combined fiscal and monetary response that has already reached 10% of global GDP. Yet according to the latest global assessment from the United Nations Department of Economic and Social Affairs, these stimulus measures may not boost consumption and investment by as much as policymakers are hoping
11 июня 2020
5 мин.
6621
NEW YORK – Imagine a world in which a global network of medical professionals monitored for emerging strains of a contagious virus, periodically updated an established formula for vaccinating against it, and then made that information available to companies and countries around the world. Moreover, imagine if this work were done without any intellectual-property (IP) considerations, and without pharmaceutical monopolies exploiting a desperate public to maximize their profits
27 апреля 2020
6 мин.
9946
Although some supply shortages were anticipated as the global economy reopened after the COVID-19 lockdowns, they have proved more pervasive, and less transitory, than had been hoped
18 февраля 2022
5 мин.
79110
Although COVID-19 has been hard on everyone, it has not been an “equal opportunity” disease
16 января 2022
5 мин.
74561
The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995
12 июня 2022
5 мин.
67159
The global economy will not return to normal until the disease is under control everywhere
10 сентября 2021
4 мин.
65604
The IMF’s job is to prevent national policies from generating negative international spillovers
20 мая 2022
5 мин.
63619
There is near-unanimous agreement that vaccinating the entire world is the only way to end the pandemic
08 декабря 2021
5 мин.
62606
US Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society
14 августа 2022
6 мин.
61497
US President Joe Biden faces a critical decision
12 ноября 2021
5 мин.
53700
The Republican Party has long wrapped itself in the American flag, claiming to be the defender of «freedom»
05 марта 2023
5 мин.
51958
Following the annual meetings of the International Monetary Fund and the World Bank this month, the Middle East is teetering on the edge of a major conflict, and the rest of the world continues to fracture along new economic and geopolitical lines
25 октября 2023
6 мин.
48698
The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995
12 июня 2022
5 мин.
67159
Central banks’ unwavering determination to increase interest rates is truly remarkable
17 декабря 2022
5 мин.
19316
The world’s advanced economies are suffering from a number of deep-seated problems. In the United States, in particular, inequality is at its highest since 1928, and GDP growth remains woefully tepid compared to the decades after World War II
14 марта 2019
5 мин.
11218
Following the annual meetings of the International Monetary Fund and the World Bank this month, the Middle East is teetering on the edge of a major conflict, and the rest of the world continues to fracture along new economic and geopolitical lines
25 октября 2023
6 мин.
48698
As the world was recovering from the pandemic, inflation shot up, owing to widespread disruptions to global supply chains and sudden changes in patterns of demand
14 ноября 2023
5 мин.
26726
Casual observers of the recent United Nations Climate Change Conference in Dubai (COP28) can be forgiven for attributing high stakes to the event
04 февраля 2024
6 мин.
36766
While we are all paying a steep price for climate change already, today’s children and young people will have to endure far worse conditions, and for far longer
21 марта 2024
5 мин.
25631
NEW YORK – Kirstjen Nielsen’s forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages. But Nielsen’s departure is not likely to bring any improvement, as President Donald Trump wants to replace her with someone who will carry out his anti-immigrant policies even more ruthlessly
15 апреля 2019
5 мин.
12244
The International Monetary Fund is showing promising signs of changing with the times
23 марта 2022
6 мин.
36086
It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron’s move to hike fuel taxes in the name of combating climate change, are but the latest example of the scale of this alienation
16 января 2019
5 мин.
16196
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