Wednesday, November 25, 2015
  1. Economics

    China’s Macro Disconnect

    Stephen S. Roach

    China’s Macro Disconnect


     asks why consumer spending is growing at a glacial pace, even as services surge.

    Kiosk salesman in China

    China has been highly successful in transforming the industrial structure of its economy from manufacturing to services, but it has made far less progress in boosting private consumption. The country now has no choice but to address the causes of households' high precautionary saving and low discretionary spending. READ MORE

  2. Business & Finance

    A Future-Oriented US Fiscal Policy

    Glenn Hubbard
    Business & Finance

    A Future-Oriented US Fiscal Policy


     argues that reforms to Social Security and Medicare are vital to enable broadly shared prosperity.

    Chicago skyline.

    America's presidential candidates are finally engaging in a long-overdue conversation about the economy. Unfortunately, few seem to recognize that reforms that make Social Security and Medicare sustainable are the key to ensuring broadly shared prosperity. READ MORE

  3. Economics

    The Trouble with International Policy Coordination

    Jeffrey Frankel
  4. Sustainability & Environment

    Pragmatism in Climate Policy

    Oliver Geden
    Sustainability & Environment

    Pragmatism in Climate Policy


     explains why a more modest, bottom-up approach to fighting global warming has emerged.

    Man standing at lake in mountains.

    The diplomatic effort to forge an international agreement to mitigate climate change is undergoing a fundamental shift. Rather than attempting to base an accord on legally binding limits on greenhouse-gas emissions, the new approach – both a step back and a step forward – relies on voluntary commitments by individual countries. READ MORE

  5. Economics

    A Hard Look at a Soft Global Economy

    Michael Spence

    A Hard Look at a Soft Global Economy


     hopes that an honest assessment of slow global growth can spur policymakers to do what's needed.

    World map drawn on brick wall.

    The global economy is settling into a slow-growth rut, steered there by policymakers’ inability or unwillingness to address major impediments at a global level. The question is whether an honest assessment of the impediments to economic performance worldwide will spur policymakers into action. READ MORE

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