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Long Reads

PS Most-Read on Economics & World Affairs 2016

Political rage went global in 2016, fueling a populist backlash across the democratic world and appalling terrorist violence in the Middle East, Europe, and beyond. Here is a selection of commentaries – of the year's 1,140 published by Project Syndicate – on the global political upheaval of the last 12 months, and its economic causes and consequences, that resonated most with our online readers.

Economics

Globalization and its New Discontents
Joseph Stiglitz explains why neoliberalism’s chickens are now coming home – to Europe and the US – to roost.

Central Banking Goes Negative
Stephen Roach inveighs against monetary policymakers’ decision to push interest rates south of the zero bound.

The Abdication of the Left
Dani Rodrik asks why the political backlash against globalization has come mainly from the nationalist right.

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  1. National flags of world countries around Earth globe Getty Images

    Reclaiming Multilateralism

    The time when the World Bank, IMF, and other international institutions could focus solely on technical, financial, and economic issues is over. An era of nationalist resurgence demands a broader, more humanistic form of international engagement.

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