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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. man looking at skyline chinese city Yinjia Pan/Getty Images

    The Evolution of Globalization

    Since the turn of the century, globalization has delivered in spades for many emerging and developing economies, but it has alienated many in the developed world. Did an agenda that has promoted economic convergence sow the seeds of its own destruction?

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