Op-ed articles and commentaries from world's top economists

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Globalizing NATO

Anne-Marie Slaughter May. 19, 2012

The immediate topic on the agenda at NATO's upcoming summit in Chicago will be getting the Alliance's forces out of Afghanistan. But the longer-term subject will be getting as many countries as possible into the global NATO security network.
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A Breakthrough Opportunity for Global Health

Joseph E. Stiglitz May. 18, 2012

Every year, millions of people die from preventable and treatable diseases, especially in poor countries. But there are now opportunities for change, most promisingly through an effort headed by the World Heath Organization to fix the broken intellectual-property regime that constrains the development and availability of cheap d…
Focal Points

NATO in a New World

This week, NATO will hold its summit in Chicago – the first since the Alliance's Libyan incursion and the confirmation of plans to draw down forces in Afghanistan. How will leaders cope with new and old security challenges in a time of severe austerity among many member states? Project Syndicate's roster of geopolitical experts, including a former and current NATO secretary-general, examine the issues.
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Greece Must Exit

Nouriel Roubini May. 17, 2012

The Greek euro tragedy is reaching its final act: it is clear that either this year or next, Greece is highly likely to default on its debt and exit the eurozone.Like a doomed marriage, it is better to have rules for the inevitable breakup that make separation less costly to both sides.
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Central Bankers under Siege

Raghuram Rajan May. 8, 2012

Federal Reserve Chairman Ben Bernanke has gone further than any other central banker in recent times in attempting to stimulate the economy through monetary policy, yet many economists are calling for the Fed to raise its inflation target from 2% to 4%. There are many reasons why that is a bad idea.
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The Smartest Ways to Save the World

Bjørn Lomborg May. 16, 2012

If you had $75 billion to spend over the next four years and your goal was to advance human welfare, especially in the developing world, how could you get the most value for your money? An expert panel of economists, including four Nobel laureates, would tell you to invest mainly in nutrition and reduction of chronic disease.
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The Diplomacy Option

Christopher R. Hill May. 16, 2012

Those who call for a military solution to the problem of Iran’s nuclear aspirations, without first supporting diplomacy and economic sanctions, miss a key point: many countries will not support a military solution until other means of persuasion (and coercion) fail.
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The Corporate-Tax Conundrum

Laura Tyson May. 3, 2012

Of all forms of taxes, those on corporate income are the most harmful to economic growth, and the potential damage mounts as capital becomes more mobile. That is why countries everywhere have been cutting their corporate tax rates – and why the US should follow suit.
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The Death of Inflation Targeting

Jeffrey Frankel May. 16, 2012

Inflation targeting by central banks, a hugely popular monetary-policy anchor around the world, died in September 2008, when it became clear that those who had been relying on it had not paid enough attention to asset-price bubbles. But its death was never announced, owing to uncertainty over what should succeed it.

Mohamed A. El-Erian May. 17

Who is Responsible for the Greek Tragedy?

SEATTLE – Greece is following the road taken by several other crisis-ridden emerging economies over the past 30 years. Indeed…
Kemal Derviş May. 14

Rebalancing the Eurozone

WASHINGTON, DC – The eurozone crisis unfolded primarily as a sovereign-debt crisis mostly on its southern periphery, with int…
Dani Rodrik May. 11

Doing Development Better

CAMBRIDGE – Jim Yong Kim’s appointment as World Bank president may have been predictable, given the long-standing tradition t…
Barry Eichengreen May. 11

Is Europe on a Cross of Gold?

ROME – Increasingly, one hears predictions that the euro will go the way of the gold standard in the 1930’s. And, increasingl…
Noeleen Heyzer May. 10

Shock-Proofing Asia’s Economies

BANGKOK – Uncertainty and volatility have quickly become the “new normal” of the global economy. For several reasons, this tu…
Yannos Papantoniou May. 9

Steering Clear of the Euro Precipice

ATHENS – Renewed turbulence in the eurozone bond market underlines the need to reappraise the policies now being pursued in o…
Daniel Gros May. 7

Europe’s Misguided Search for Growth

BRUSSELS – A few months ago, 25 of the 27 members of the European Union solemnly signed a treaty that committed them to enshr…
Joseph E. Stiglitz May. 7

After Austerity

NEW YORK – This year’s annual meeting of the International Monetary Fund made clear that Europe and the international communi…
Laura Tyson May. 3

The Corporate-Tax Conundrum

BERKELEY – The United States now has the highest statutory corporate-income tax rate among developed countries. Even after va…

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Jamie F. Metzl May. 18

The Paradox of China’s Reform

NEW YORK – The compelling drama of former Chongqing Communist Party chief Bo Xilai’s ouster ami…
Michael A. Fitts and… May. 18

China’s Misrule of Law

PHILADELPHIA – A last-minute deal between the United States and China may afford human-rights l…
Imants Liegis and… May. 17

Why Europe Still Needs Nuclear Deterrence

RIGA/VILNIUS/WARSAW – In recent months, we have joined di…
Roland Kupers May. 17

A Green Alternative to Austerity?

OXFORD – While austerity in Europe faces increasing socia…
Jaswant Singh May. 16

Hillary Clinton’s Asian Adventure

NEW DELHI – On her recent trip to China, Bangladesh, and …
Zaki Laidi May. 16

Hollande or Insurrection?

PARIS – For better or worse, Europe is now engaged in an insurrection against the fiscal p…
Juliet Torome May. 15

Oil and Isolation

NAIROBI – In Kenya, there is a running gag that sums up how far away the Turkana people live fr…
Ian Bremmer May. 15

America’s G-Zero Moment

NEW YORK – The 2008 financial crisis marked the end of the global order as we knew it. In advan…
Vishakha N. Desai and… May. 15

Power to Asia’s Women

SHANGHAI – Everyone’s eyes on are Asia’s rise. China, once dismissed as poor and backward, is n…

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Browse a selection of contributors:

Anne-Marie Slaughter May. 19, 2012

Joseph E. Stiglitz May. 18, 2012

Nouriel Roubini May. 17, 2012

Raghuram Rajan May. 8, 2012

Bjørn Lomborg May. 16, 2012

Christopher R. Hill May. 16, 2012

Laura Tyson May. 3, 2012

Jeffrey Frankel May. 16, 2012

Mohamed A. El-Erian May. 17

Kemal Derviş May. 14

Dani Rodrik May. 11

Barry Eichengreen May. 11

Noeleen Heyzer May. 10

Yannos Papantoniou May. 9

Daniel Gros May. 7

Joseph E. Stiglitz May. 7

Laura Tyson May. 3

Jamie F. Metzl May. 18

Michael A. Fitts and… May. 18

Imants Liegis and… May. 17

Roland Kupers May. 17

Jaswant Singh May. 16

Zaki Laidi May. 16

Juliet Torome May. 15

Ian Bremmer May. 15

Vishakha N. Desai and… May. 15

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