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Curated by Project Syndicate

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4 commentaries

Sovereign finances survived the global recession, just barely in some cases, but now Puerto Rico and Venezuela are insolvent. While the reasons for their plight may differ, there are lessons common to all defaults that investors and citizens should heed.

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  1. UN multilateralism crisis Eskinder Debebe/UN Photo/Handout/Xinhua via Getty Images

    Will Multilateralism Survive?

    The United Nations is marking its 75th anniversary in muted fashion, and not only because of the COVID-19 pandemic. With rising nationalism and the return of great-power rivalry threatening to paralyze the organization at the heart of the multilateral system, many are asking whether global cooperation has a future.

    3
  2. op_nathan1_ GREG BAKERAFP via Getty Images_china uighur Greg Baker/AFP via Getty Images

    The Heart of the New Cold War

    Andrew J. Nathan

    Although US President Donald Trump has little personal interest in human rights, democracy, or the rule of law, his administration has brought these values to the fore in its confrontation with China. In doing so, it has effectively declared a new cold war.

    explains why human rights has become the defining issue in the Sino-American rivalry.
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