With the rise in much of the West of forces espousing authoritarian nationalism, explaining the vulnerability of liberal democracy has become a cottage industry. A seemingly simple phenomenon has turned out to be rather complex, demanding a multidisciplinary approach.
The European Council’s choice of candidates to fill the top European Union jobs has brought temporary relief at a politically fraught moment.
But the EU’s new leaders face a daunting challenge: persuading the bloc’s member states to work together toward the shared policies that all of them need.
Another escalation in the standoff between protesters and the Hong Kong government has raised the stakes for both sides. Is a resolution still possible, given the deep roots and far-reaching implications of the confrontation?
Since its first summit in 2008, the Group of 20 has become a premier forum for setting the global policy agenda. But when world leaders convene in Osaka this weekend for the G20’s 14th gathering, will they be faced with too many pressing issues to make meaningful progress on any?
As America’s economy enters a record-breaking 11th year of growth, its expansion appears unsinkable. But is a celebration in order, or should policymakers be readying the lifeboats?
Universal basic income is that rare idea supported by libertarians and socialists alike. But should it be taken seriously?
Many on the political left want central banks to play a much larger role in funding public programs directly, based on an approach known as Modern Monetary Theory. But to get what they want, they will have to win the ongoing debate about the economic soundness of their ideas.
Much has changed in China in the three decades since the Tiananmen Square massacre. But the government’s official erasure of an event that has defined China’s modern history shows that much else remains the same.
With nationalist, populist, and illiberal movements continuing to take aim at the foundations of liberal democracy and the market economy, fresh solutions for today's problems are in high demand. For policymakers and experts, though, the challenge is not just to offer answers, but to convey them effectively to citizens.
It is now clear that the Sino-American trade war is about much more than trade. Worse, the future of the global economy and geopolitical stability seems to depend on just two men.
More than a decade after the 2008 financial crisis, the major central banks have proved powerless in their quest to spur moderate inflation, even under loose monetary conditions. But whether persistently low inflation is the “new normal” remains to be seen.
This month’s European Parliament election is widely viewed as a turning point that will decide the European Union’s fate. But even if Europe is spared large gains by disruptive populist forces, it won’t be out of the woods.
Even before the 2008 financial crisis and the subsequent tepid recovery in most countries, working hard no longer guaranteed a middle-class life in the developed economies. A decade later, with many countries’ political stability at stake, restoring the conditions for broadly shared prosperity has become an urgent priority.
Cryptocurrencies have given rise to an entire new criminal industry, comprising unregulated offshore exchanges, paid propagandists, and an army of scammers looking to fleece retail investors. Yet, despite the overwhelming evidence of rampant fraud and abuse, financial regulators and law-enforcement agencies remain asleep at the wheel.
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