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

Business & Finance
An IMF Bridge to Somewhere for Greece?
Mohamed A. El-Erian

Business & Finance
An IMF Bridge to Somewhere for Greece?

Mohamed A. El-Erian JUN 21, 2017 11

Mohamed A. El-Erian says a compromise to prevent a default next month will work only if debt forgiveness follows.
NurPhoto/Getty Images
The IMF has resurrected an old technique – commonly used in the 1980s during the Latin American debt crisis – that will allow Greece to avoid a payment default next month on debt owed to European creditors. But the Fund’s elegant compromise still leaves Greece under the shadow of an enormous debt overhang. READ MORE
Culture & Society
Reinventing the French People
Bernard-Henri Lévy

Culture & Society
Reinventing the French People

Bernard-Henri Lévy JUN 22, 2017 2

Bernard-Henri Lévy laments the record-low turnout in the second round of France's parliamentary election.
Benjamin Cremel/AFP/Getty Images
French President Emmanuel Macron’s plan to obtain a majority in the National Assembly was a resounding success. But there is more to it than that: 57% of French voters – a record high – abstained during the second round of the parliamentary election. READ MORE
World Affairs
Who Will Fill America’s Shoes?
Richard N. Haass

World Affairs
Who Will Fill America’s Shoes?

Richard N. Haass JUN 21, 2017 9

Richard N. Haass sees no viable candidate to succeed the US as it abandons its global leadership role.
Mandel Ngan/Getty Images
It is increasingly clear that Donald Trump represents a departure from continuity when it comes to America’s global outlook and behavior. As a result, the US will no longer play the leading international role that has defined its foreign policy for three quarters of a century – and there is no single candidate that can succeed it. READ MORE
Politics
The Russian-Roulette Presidency
Elizabeth Drew

Politics
The Russian-Roulette Presidency

Elizabeth Drew JUN 21, 2017 4

Elizabeth Drew thinks the multiple investigations into Donald Trump's presidency are beginning to leave their mark.
Bill Clark/Getty Images
Unless US President Donald Trump decides to return to his gilded Manhattan tower, the metastasizing crisis of his presidency will continue. Separate investigations in the US Congress are underway, and the investigation by the Justice Department’s special counsel, Robert Mueller, is just getting started. READ MORE
Politics
The Death of the Party
Nina L. Khrushcheva

Politics
The Death of the Party

Nina L. Khrushcheva JUN 20, 2017 5

Nina L. Khrushcheva considers why major political parties, from India's Congress to France's Socialists, are declining.
Phill Magakoe/AFP/Getty Images
Today, once-great political parties in the West and some developing countries seem to be going the way of the Communist Party of the Soviet Union. But whereas the CPSU’s demise was perfectly logical, the decline of major political parties in countries like France, India, and South Africa is not so easy to explain. READ MORE

An IMF Bridge to Somewhere for Greece?

Reinventing the French People

Who Will Fill America’s Shoes?

The Russian-Roulette Presidency

The Death of the Party

Video

PS On Air: Joseph Nye on Trump and the Liberal World Order

A Comeuppance for Populism?

After major setbacks for Donald Trump and Theresa May, and Emmanuel Macron’s makeover of French politics, Project Syndicate editors examine the mounting institutional and electoral resistance to populism.

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