A highly regarded doctor assumes the care of a chronically impaired patient who is growing weaker and more vulnerable. The patient’s longstanding treatment is...
Investors and economic observers have begun to ask the same question that I posed in an article published 18 years ago: “Who lost Argentina?” In late 2001,...
It’s only a matter of time until the escalating tensions between China and the United States prompt many more economists to warn of an impending global...
In recent years, central banks have made a large policy wager. They bet that the protracted use of unconventional and experimental measures would provide an...
Data released over the next few months will show that the current U.S. economic expansion is the longest on record. But while the United States continues to...
Investors’ call on the U.S. economy may now be the single most important one to get right, and for a reason that goes beyond the fact that it’s the largest...
Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about...
Not too long ago, the conventional wisdom held that “Japanification” could never happen in Western economies. Leading U.S. economists argued that if the...
There is a subtle yet important change occurring in how political leaders think about international trade, including how to remedy long-standing problems. It...
I do not attend the annual meeting of the World Economic Forum in Davos. But my sense is that, as in previous years, this year’s participants ended up...
The European Commission, the International Monetary Fund and the OECD predict that, on average, the European Union’s economy will grow by 1.9 percent next...
The singular issue of Brexit has consumed the United Kingdom for two and a half years. The “if,” “how,” and “when” of the country’s withdrawal from the...
Global markets, policymakers and risk managers are watching the budget skirmish between Italy’s government and the European Commission closely. The episode...
An important issue facing the global economy and markets in the final quarter of the year is divergence the widening economic and policy differences among...
Imagine a world in which the annual meetings of the International Monetary Fund were more client-driven. Ahead of the gathering this year’s will take place in...
Whether by accident or design, Turkey is trying to rewrite the chapter on crisis management in the emerging-market playbook. Rather than opting for...
The latest round of tit-for-tat tariffs by the United States and China has intensified the ongoing global debate about whether the world is facing a mere...
Egypt’s national football team rode to Russia for their first World Cup finals in 28 years on a wave of lofty expectations and fan enthusiasm. They are now...
To say that this month’s summit of G-7 leaders in Canada was an unusual one would be an understatement. A traditionally friendly and predictable gathering of...
Argentinian President Mauricio Macri’s government has asked the International Monetary Fund for a loan that it hopes can stem a peso rout that has driven up...
For decades, the Western world put its faith in a well-defined and broadly accepted economic paradigm with applications at both the national and global...
As global economic growth picks up practically everywhere, oil producers are becoming increasingly hopeful that the recent impressive price recovery will...
Impressive quarterly results from the biggest technology companies show that they are nowhere near saturating their consumer markets, exhausting their...
Deeply rooted, credible, accountable and effective institutions have long been deemed crucial for a society’s lasting well-being and prosperity. They shield...
Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington, D.C., for the annual meetings of the...