Project Syndicate - the Smartest Op-Ed Articles from the World's Thought Leaders

Economics
A New Year’s Development Resolution
Kaushik Basu, ET AL

Economics
A New Year’s Development Resolution

Kaushik Basu, ET AL DEC 30, 2016 8

Kaushik Basu, ET AL identify eight principles that should guide economic policymakers.
Juni Kriswanto/Stringer
As 2016 comes to an end, so should the old modes of economic thinking that have produced so much economic hardship and fueled so much political turmoil. The lessons of past economic development, together with advances in economic thinking, should be at the core of the new policy approach that the world needs. READ MORE
Economics
Will Dollar Strength Trigger Intervention in 2017?
Carmen Reinhart

Economics
Will Dollar Strength Trigger Intervention in 2017?

Carmen Reinhart DEC 30, 2016 3

Carmen Reinhart argues that if the US wants a weaker currency, it will most likely have to act alone.
Francis Dean/Getty Images
While it is quite plausible to expect that Dona'd Trump’s incoming US administration will want to reverse the dollar’s climb, it is equally plausible that no other major economy will help. If the strong dollar prompts intervention in currency markets in 2017, the most likely scenario is one in which the US intervenes alone. READ MORE
The Year Ahead 2017
Open Society Needs Defending
George Soros

The Year Ahead 2017
Open Society Needs Defending

George Soros DEC 28, 2016 89

brings his personal history to bear on the threat posed by today’s ascendant populists.
Anadolu Agency/Getty Images

Open societies are in crisis, and various forms of closed societies – from fascist dictatorships to mafia states – are on the rise. Because elected leaders failed to meet voters’ legitimate expectations and aspirations, electorates have become disenchanted with the prevailing versions of democracy and capitalism.
READ MORE
World Affairs
After Aleppo
Christopher R. Hill

World Affairs
After Aleppo

Christopher R. Hill DEC 30, 2016 4

Christopher R. Hill laments the failure of the US to pursue effective diplomacy in Syria.
Anadolu Agency
The fall of Aleppo will clinch Syria’s place in history as another “problem from hell.” And, like other hellish recent regional conflicts, such as those in Bosnia and Rwanda, future historians will emphasize a crucial feature of the Syria conflict: the spectacular diplomatic failures that enabled it to escalate. READ MORE
Economics
A Socialist Market Economy With Chinese Contradictions
Adair Turner

Economics
A Socialist Market Economy With Chinese Contradictions

Adair Turner DEC 30, 2016 4

Adair Turner asks whether China can continue to outperform expectations, as it clearly did in 2016.
VCG/Getty Images
China confounded widespread expectations of a sharp slowdown in economic growth in 2016. But the longer China's credit boom continues, the less likely it will be that policymakers can achieve a smooth transition to a sustainable economic path. READ MORE

A New Year’s Development Resolution

Will Dollar Strength Trigger Intervention in 2017?

Open Society Needs Defending

After Aleppo

A Socialist Market Economy With Chinese Contradictions

PS Most-Read on Economics & World Affairs 2016

Here is a selection of Project Syndicate commentaries on the global political upheaval of 2016 – and its economic causes and consequences – that resonated most with readers around the world.

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