The Big Picture brings together 4-5 Project Syndicate commentaries not just on topics in the news, but also on the deeper issues driving the news. Thanks to the unique resources available to the world’s largest provider of original, high-quality commentary, with the Big Picture, readers quickly gain the insights of diverse, authoritative perspectives on critical global events and challenges. The Big Picture surrounds a topic – from unrest in Iran and US tax reform to green finance and the broader sustainability agenda – with curated presentations featuring the world’s leading thinkers, practitioners, policymakers, and statesmen, providing an immediate, yet comprehensive view of the day’s most urgent news and issues.
Over the past few decades, a narrow cohort of multinational corporations has managed to secure as much influence as governments in determining how the global economy operates. The danger – a world with many losers, and only a few winners – should be obvious.
The collapse of Lehman Brothers on September 15, 2008, along with its aftermath, shook the global economy to its core, and forced policymakers and academics to ask why so few had seen it coming. But after a decade of recovery, has the complacency of the pre-crisis era returned?
With the tenth anniversary of the collapse of Lehman Brothers approaching, the unresolved controversy surrounding the causes of, and responses to, the 2008 financial crisis has returned to the fore. Joseph Stiglitz and Lawrence Summers differ on whether the slow recovery was a strictly economic phenomenon, or evidence of a larger political failure; and Roger E.A. Farmer offers another way to think about the issue going forward.
Come July 2019, the US economy will have undergone the longest recovery in its history. But there is reason to think that it may already be running on fumes.
Around the world, populist and authoritarian leaders have managed to consolidate power, even in established democracies. But, as recent economic and political developments have shown, for many, uneasy is the head that wears the crown.
Since a failed coup attempt in the summer of 2016, Turkish President Recep Tayyip Erdoğan has amassed unprecedented power. Yet, thanks to Erdogan’s incompetence, Turkey's future now seems to rest more with financial markets and other regional powers than with its strongman.
When those in power refuse to defend the institutions of democracy, the task falls to ordinary citizens and the press. In the United States, journalists have proven more than willing to confront the challenge.
In this year alone, Chinese President Xi Jinping has consolidated his power for the long term and outlined a detailed vision for establishing China's global leadership in the twenty-first century. Will all roads in global politics soon lead to Beijing?
Today’s uneven global recovery is confronting central bankers with unprecedented policy challenges. To maintain macroeconomic stability in the months and years ahead, they may need to reconsider some of their usual practices.
The US president has given America's friends and foes alike plenty of reason to worry about their security and the need for credible deterrents. Has his diplomacy of disruption ushered in a new era of nuclear proliferation?
Pakistan’s incoming prime minister, Imran Khan, has promised a break from the past. And yet he may be coming to power just when his country’s history is catching up to it.
US President Donald Trump's behavior on the world stage in recent months has fueled speculation about his underlying motives and foreign-policy goals. Is Trump offering grand strategy or Grand Guignol?
As US President Donald Trump continues his crusade against America's bilateral trade deficit with China, a rising dollar promises to derail his efforts. Will Trump's currency frustrations lead him to even rasher policy decisions?
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