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The Immigration Tinderbox

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Alison L. LaCroix, Nancy Qian, Anne O. Krueger, Soňa Muzikárová, Federico Fubini

In the United States and Europe, immigration tends to divide people into opposing camps: those who claim that newcomers undermine economic opportunity and security for locals, and those who argue that welcoming migrants and refugees is a moral and economic imperative. How should one make sense of a debate that is often based on motivated reasoning, with emotion and underlying biases affecting the selection and interpretation of evidence?

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    How Capitalism Became a Threat to Democracy

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    The Global Economy’s Biggest Untapped Resource

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    Indermit Gill , Tea Trumbic , Nadia Calviño , Kristalina Georgieva , Odile Renaud-Basso , Rudo Kayombo , Yanis Varoufakis

    At the current rate of progress, it will take about 300 years to end child marriage, 286 years to deliver full gender equality under the law, and 140 years to achieve equal representation in leadership positions in the workplace, the United Nations reports. This moral failure is compounded by its enormous opportunity cost: a massive improvement in human welfare.

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    Anastassia Fedyk , Yuriy Gorodnichenko , Michael R. Strain , Nina L. Khrushcheva , Robin Brooks , Simon Johnson , Ian Buruma

    As Russia prepares for another sham presidential election, the West is introducing new sanctions over the death of opposition leader Alexei Navalny, considering seizing some $300 billion of Russian central-bank assets, and struggling to overcome political hurdles to continued support for Ukraine. How, if at all, will these developments affect Russian President Vladimir Putin’s grip on political power?

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    Nina L. Khrushcheva on Navalny, Putin, Russian elections, and more

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    Making Bretton Woods Work for Africa

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    Europe Must Defend Itself

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    Joschka Fischer, Philippe Legrain, Mark Leonard, Daniela Schwarzer

    Donald Trump – who spent his presidency lambasting NATO – recently suggested that he would encourage Russian aggression against NATO allies that had not met their commitment to spend 2% of GDP on defense. With Trump vying for another term in the White House – and the Ukraine war still raging on the European Union’s doorstep – EU countries can no longer ignore the difficult but essential task of taking charge of their own security.

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“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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