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  1. op_yhuang1_DALE DE LA REYAFP via Getty Images_hongkongstockexchange Dale de la Rey/AFP via Getty Images
    8

    How to Kill Chinese Dynamism

    Yasheng Huang

    Having fundamentally misunderstood its own economic "miracle," China will soon feel the effect of no longer being able to outsource the rule of law and the other basic ingredients of innovation-driven growth. Where Hong Kong once performed these core functions, now the territory – and Chinese entrepreneurship – is increasingly constrained.

     thinks many have underestimated the key role that Hong Kong previously played in the country's growth story.
  2. bq - trump indictment Photo by OLIVIER DOULIERY/AFP via Getty Images
    3

    Will Donald Trump’s Indictments Have Economic Consequences?

    Featured in this Big Question

    George Soros, Jeffrey Frankel, James K. Galbraith, Joseph E. Stiglitz, Lawrence H. Summers, Laura Tyson

    Reactions to Donald Trump’s criminal indictments have tended to focus on the implications for US democracy, and for good reason. But with George Soros warning that the cases against Trump could trigger a constitutional crisis, we asked PS commentators to assess the possible economic repercussions.

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    0

    The Populist Advantage

    Raghuram G. Rajan explains why so many previously discredited economic policies have become easier to sell to the public.
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    0

    The Debt Supercycle Comes to China

    Kenneth Rogoff argues that the theory seems to offer the best explanation for the Chinese economy’s current slowdown.
  5. elerian159_ Kevin DietschGetty Images_fed Kevin Dietsch/Getty Images
    2

    Simplifying a Complicated Global Economy

    Mohamed A. El-Erian thinks much will depend ultimately on the US Federal Reserve’s performance over the next six months.
  6. fofack19_BRICS HandoutAnadolu Agency via Getty Images_BRICS BRICS Handout/Anadolu Agency via Getty Images
    1

    The BRICS Come of Age

    Hippolyte Fofack looks beyond the group’s next summit and sees an enlarged membership that could accelerate de-dollarization.
  7. sonin6_Mikhail SvetlovGetty Images_aven fridman Mikhail Svetlov/Getty Images
    0

    Sympathy for the Oligarch

    Konstantin Sonin laments the sanctioning of two pioneers of Russia’s market economy, Petr Aven and Mikhail Fridman.
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    1

    The Growing Sahel Crisis

    Carl Bildt sees Niger as another falling domino in a region that is hurtling toward chaos and instability.
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    2

    America’s “New” China Narrative

    James K. Galbraith thinks the current US conventional wisdom misses the point and is being driven by ulterior motives.
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Latest

  1. The Populist Advantage
    rajan84_Alex WongGetty Images_mmt Alex Wong/Getty Images

    The Populist Advantage

    Aug 18, 2023 Raghuram G. Rajan explains why so many previously discredited economic policies have become easier to sell to the public.

  2. The BRICS Come of Age
    fofack19_BRICS HandoutAnadolu Agency via Getty Images_BRICS BRICS Handout/Anadolu Agency via Getty Images

    The BRICS Come of Age

    Aug 18, 2023 Hippolyte Fofack looks beyond the group’s next summit and sees an enlarged membership that could accelerate de-dollarization.

  3. Sympathy for the Oligarch
    sonin6_Mikhail SvetlovGetty Images_aven fridman Mikhail Svetlov/Getty Images

    Sympathy for the Oligarch

    Aug 18, 2023 Konstantin Sonin laments the sanctioning of two pioneers of Russia’s market economy, Petr Aven and Mikhail Fridman.

  4. Will Donald Trump’s Indictments Have Economic Consequences?
    bq - trump indictment Photo by OLIVIER DOULIERY/AFP via Getty Images

    Will Donald Trump’s Indictments Have Economic Consequences?

    Aug 18, 2023 PS Commentators assess the economic stakes of the criminal cases against the former US president.

  5. How to Kill Chinese Dynamism
    op_yhuang1_DALE DE LA REYAFP via Getty Images_hongkongstockexchange Dale de la Rey/AFP via Getty Images

    How to Kill Chinese Dynamism

    Aug 18, 2023 Yasheng Huang thinks many have underestimated the key role that Hong Kong previously played in the country's growth story.

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  1. bq - trump indictment Photo by OLIVIER DOULIERY/AFP via Getty Images
    1

    Will Donald Trump’s Indictments Have Economic Consequences?

    Featured in this Big Question

    George Soros, Jeffrey Frankel, James K. Galbraith, Joseph E. Stiglitz, Lawrence H. Summers, Laura Tyson

    Discussions of Donald Trump’s criminal indictments have tended to focus on the implications for US democracy, and for good reason. But with George Soros warning that a constitutional crisis triggered by the cases against Trump could have severe economic repercussions, we asked PS commentators to assess the economic stakes of the criminal cases against Trump.

  2. op_yhuang1_DALE DE LA REYAFP via Getty Images_hongkongstockexchange Dale de la Rey/AFP via Getty Images
    0

    How to Kill Chinese Dynamism

    Yasheng Huang

    Having fundamentally misunderstood its own economic "miracle," China will soon feel the effect of no longer being able to outsource the rule of law and the other basic ingredients of innovation-driven growth. Where Hong Kong once performed these core functions, now the territory – and Chinese entrepreneurship – is increasingly constrained.

     thinks many have underestimated the key role that Hong Kong previously played in the country's growth story.
  3. GettyImages-1481133084
    0

    Keun Lee on AI, Chinese growth, innovation systems, and more

    Keun Lee considers what artificial intelligence requires of governments, identifies lessons for advanced economies pursuing industrial policy, highlights the risk inequality poses to China’s development, and more.
  4. op_livingston3_Kevin DietschGetty Images_joshhawley Kevin Dietsch/Getty Images
    10

    Men Overboard

    James Livingston explores the unspoken tragedy at the heart of conservatives' fixation on defending patriarchy.
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    0

    The Long Life of Inflation

    Featured in this Big Picture

    Michael R. Strain, Mario I. Blejer, Piroska Nagy Mohácsi, Jeffrey Frankel, James K. Galbraith

    The US Federal Reserve has raised interest rates at 11 of its last 12 policy meetings, winning it kudos for bringing about a significant drop in inflation without triggering a spike in unemployment or a recession. Has the Fed pulled off a soft landing, or should Americans be bracing for more turbulence?

  6. op_james4_Fine Art ImagesHeritage ImagesGetty Images_1848Frenchrevolution Fine Art Images/Heritage Images/Getty Images
    8

    The First Polycrisis

    Harold James considers important parallels between the world today and the European revolutions of 1848.
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There can be little doubt that the world is heading in a more violent, hair-trigger direction. As multilateralism continues to break down, more countries are arming and shoring up their defense alliances, creating a self-fulfilling dynamic. A new age of insecurity may be upon us.

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Sustainability Now brings together leading voices in all of the domains involved in combating climate change, each addressing specific facets of the challenge.

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    A New Playbook for Preserving Nature

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    1

    The Right Way to Intervene in Clean Tech

    Armond Cohen, et al. urge policymakers to leverage public and private resources to achieve a timely and effective green transition.
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    The Case for Free Trade in Environmental Goods

    Albert Park & Jong Woo Kang argue that liberalizing cross-border flows of green products and services could be the key to saving the planet.

Opinion that Moves

  1. Raghuram G. Rajan The Populist Advantage
  2. Kenneth Rogoff The Debt Supercycle Comes to China
  3. Mohamed A. El-Erian Simplifying a Complicated Global Economy
  4. Benn Steil The Real Cost of De-Dollarization

  1. Hippolyte Fofack The BRICS Come of Age
  2. Konstantin Sonin Sympathy for the Oligarch
  3. Gordon Brown British Conservatives’ Contempt for Human Rights
  4. James K. Galbraith America’s “New” China Narrative

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Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Hippolyte Fofack The BRICS Come of Age
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Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Christophe Deloire, et al. Press Freedom on Trial in Guatemala
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As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

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