In a sharp departure from this time last year, the global economy is now being buffeted by growing concerns over US President Donald Trump's trade war, fragile emerging markets, a slowdown in Europe, and other risks. It is safe to say that the period of low volatility and synchronized global growth is behind us.
As the Trump administration ratchets up tariffs on Chinese goods, many observers have begun to wonder if China will respond with a strategic currency devaluation to boost the competitiveness of its exports. But, despite despite possessing a powerful financial and monetary arsenal, Chinese policymakers have no good options.
points out that Europe's efforts to bolster its own security are often frustrated by the US itself.
says the foundational rationale that has long supported the European Union needs to be reimagined.
argues that China's approach to managing the renminbi's dollar exchange rate has painted it into a corner.
argues that, to overcome current political polarization, mainstream parties should look to the 1960s.
explains why AI applications have become the most urgent issue for human rights advocates.
talks to PS Associate Editor Greg Bruno about the future of global economic governance.
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