Ever since Britain’s Conservative government took office in 2010, Keynesian advocates of government stimulus have heaped scorn on Chancellor of the Exchequer George Osborne’s strategy of fiscal consolidation. As Lord Robert Skidelsky, Professor Emeritus of Political Economy at Warwick University, and Niall Ferguson, Professor of History at Harvard University, amply demonstrate, the argument over whether Osborne’s policies have succeeded remains heated.
This week, policymakers from around the world are meeting in South Korea at the World Education Forum. With so many children, trapped in cycles of poverty and conflict, lacking access to safe, high-qu… read more
In today’s major emerging countries, corruption is undermining economic performance, weakening political stability, and even endangering national security. But at what point is the cure – such as the … read more
Long an island of political stability, Britain now looks set to enter a new era of minority and weak coalition governments. Will the result bring a British exit from the EU, and a Scottish exit from t… read more
Is China seeking to build a parallel universe to the IMF and the World Bank as a way to undermine the US-led world order? Or should the US view the Asian Infrastructure Investment Bank and the BRICS c… read more
Will the framework agreement on Iran’s nuclear program put the Middle East on a path toward peace, or will it incite even more tensions? More immediately, with many key details left to be addressed, w… read more
The last 12 months have witnessed growing challenges to the global economy and the international order, from widening income inequality and falling commodity prices to the Ukraine crisis and the rise … read more