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Within two years of the 2008 global financial crisis, governments turned over the task of spurring economic recovery to central banks. After a decade of fragile, middling growth, is it finally time for fiscal policy to bear more of the burden?
Having long failed to realize its geopolitical potential, the European Union now intends to play a more assertive global role. But in which areas should it try to step up?
US President Donald Trump’s administration has put forward a new Middle East peace plan that it claims will end decades of Israeli-Palestinian conflict. But many believe that the “deal of the century” is dead on arrival.
Having been acquitted by the US Senate in his impeachment trial, President Donald Trump can continue basking in the reflected glory of America’s longest economic expansion on record. Could that be enough to secure his re-election in November?
After a divisive referendum and lengthy negotiations, the United Kingdom is finally leaving the European Union. But are jubilant Brexiteers prepared for what comes next?
The Chinese economy, the world’s leading growth engine, expanded at its slowest rate in almost three decades in 2019. Now a deadly coronavirus outbreak threatens to cloud the picture further.
Corporations increasingly realize that restoring public trust in business and markets is essential to making capitalism more sustainable. In this new world, focusing solely on keeping shareholders happy will no longer be enough.
For all the current talk of promoting wellbeing and sustainability, policymakers in many countries remain obsessed with gross domestic product. Is that likely to change anytime soon?
Climate change poses risks to financial stability and could directly affect monetary authorities’ ability to pursue their traditional macroeconomic objectives. Will the fight against global warming give rise to innovative monetary policies, or simply create more headaches for today’s beleaguered central bankers?
The jury is out on whether the US airstrike on Iran’s top military figure will lead to a broader war in the region. But, at a minimum, the situation suggests that hardliners in both countries are now calling the shots.
The 2020s will be a crucial decade in the fight against global warming. The public increasingly recognizes the severity and urgency of the climate crisis, but will world leaders rise to the challenge?
Amid deteriorating economic conditions, Indian Prime Minister Narendra Modi spent the past year ratcheting up his illiberal brand of Hindu nationalism. Like other major democracies around the world, India will be entering the new decade under a cloud of existential uncertainty.
The United Kingdom’s recent general election may have ended the Brexit debate, but what comes next is far less clear. On a wide range of issues, the toughest choices facing Prime Minister Boris Johnson’s government may be still to come.
