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Stephen Cecchetti

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Stephen Cecchetti is a professor at the Brandeis International Business School.

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How to Keep Central Banks Independent
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How to Keep Central Banks Independent

Jul 11, 2019 Patrick Bolton, et al. propose new measures to help monetary policymakers remain effective guardians of financial stability.

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Missing the Big Picture on Poverty Reduction
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Missing the Big Picture on Poverty Reduction

Yuen Yuen Ang argues that the experience of China reinforces doubts about reliance on randomized controlled trials.

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Global Trade’s Bright (Green) Future
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Global Trade’s Bright (Green) Future

Pascal Lamy reports on the progress made toward reducing greenhouse-gas emissions from the shipping industry.

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The Fall of the Berlin Wall and Social Democracy
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The Fall of the Berlin Wall and Social Democracy

Daron Acemoglu

The fall of the Berlin Wall heralded not only the collapse of communism in Europe, but also the destruction of a broader – and far more constructive – social-democratic compact. To prevent a return to extremism and instability, that compact must be refashioned for the twenty-first century.

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The Digital Money Revolution
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The Digital Money Revolution

Huw van Steenis explains how policymakers should respond to the decline of cash and an explosion in new payment methods.

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The Growing Threat of Water Wars
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The Growing Threat of Water Wars

Jayati Ghosh highlights the escalating danger posed by strain on one of our most essential resources.

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China’s Risky Endgame in Hong Kong
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China’s Risky Endgame in Hong Kong

Minxin Pei

In 2017, Chinese President Xi Jinping declared that by the time the People’s Republic celebrates its centenary in 2049, it should be a “great modern socialist country” with an advanced economy. But following through with planned measures to tighten mainland China's grip on Hong Kong would make achieving that goal all but impossible.

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America’s Feeble Indo-Pacific Strategy
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America’s Feeble Indo-Pacific Strategy

Brahma Chellaney urges US President Donald Trump to add strategic heft to his Asia policy and check Chinese aggression.

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When Markets and Mobility Collide
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When Markets and Mobility Collide

Ricardo Hausmann explains why even modest liberalization of transport prices can trigger mass protests, as in Chile.

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