Reclaiming Multilateralism
calls on institutions like the G20 to adopt a three-pronged approach to addressing global problems.
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Reclaiming Multilateralism
Long Reads calls on institutions like the G20 to adopt a three-pronged approach to addressing global problems.
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Putin’s Economic Dilemma
Long Reads say that while Russia has achieved macroeconomic stability, the temptation to pursue rash stimulus will grow.
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Trump’s Trade Disaster
Long Reads examines the seemingly endless contradictions of the administration’s protectionist policies.
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Germany’s Populism Amid Prosperity
Long Reads dismantles common economic explanations for the resurgence of right-wing xenophobia.
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How to Save Europe
Long Reads urges the European Union to focus on three areas in particular.
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The Myth of the “Aging Society”
Long Reads challenges the assumption at the heart of modern demographics, and offers a new approach.
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Is Multilateralism Finished?
Long Reads wonders if broad-based trade and security arrangements are compatible with a multipolar world.
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Making African Trade Work
Long Reads outlines what needs to happen to ensure that the Continental Free Trade Area is completed.
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The Great Crack-Up, Then and Now
Global Bookmark reviews four books examining the global disorder following World War I, and draws parallels to today.
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When May States Use Force?
Long Reads explains why legal considerations alone can never justify military intervention against sovereign countries.
The Year Ahead
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The Global Economy’s Risky Recovery
As the advanced economies’ post-2008 recession fades into the distant past, global prospects for 2018 look a little better than in 2017. The shift from fiscal austerity to a more stimulative stance will reduce the need for extreme monetary policies, which almost surely have had adverse effects not just on financial markets but also on the real economy.
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Central Banks’ Year of Reckoning
- In the absence of political solutions, central banks in the decade since the 2008 financial crisis have rolled out one unconventional monetary policy after another, with various justifications and varying effectiveness.
- Now that the period of monetary exceptionalism seems to be coming to an end, central bankers must soberly assess their own record.
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How Inequality Works
- The political upheavals and populist incursions of the past few years owe much to widespread perceptions of inequality and economic injustice in advanced economies.
- While median wages have stagnated, incomes at the top have continued to rise, and there is growing evidence to suggest that the two phenomena are connected.
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Will Monetary Policy Trigger Another Financial Crisis?
- Sustained unconventional monetary policies in the years after the 2008 global financial crisis created the conditions for the second-longest bull market in history.
- But they also may have sown the seeds of the next financial crisis, which might take root as central banks continue to normalize their policies and shrink their balance sheets.
