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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
56 commentaries

Kaushik Basu, former Chief Economist of the World Bank and former Chief Economic Adviser to the Government of India, is Professor of Economics at Cornell University and Nonresident Senior Fellow at the Brookings Institution.

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  1. reichlin21_ KENZO TRIBOUILLARDPOOLAFP via Getty Images_merkelmacron Kenzo Tribouillard/Pool/AFP via Getty Images

    One Giant Leap for Europe?

    Lucrezia Reichlin

    The Franco-German proposal for a COVID-19 recovery fund is not quite the “Hamiltonian moment” that some have claimed. But, by reshaping the debate on risk mutualization and the benefits of transfers, it could set the stage for one.

    1
  2. leonard55_XinhuaDing Lin via Getty Images_likeqiangmogherini Xinhua/Ding Lin via Getty Images

    The End of Europe’s Chinese Dream

    Mark Leonard

    The COVID-19 crisis has pushed Europeans' strategic thinking about China – already shifting because of three developments – past the tipping point. After years of pursuing closer bilateral economic ties, Europeans suddenly realize that they have become dangerously dependent on Chinese trade and investment.

    2

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