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Curated by Project Syndicate

Goodbye, ZIRP?

12 commentaries

The US Federal Reserve is considering raising interest rates for the first time since the global financial crisis erupted in 2008. Is monetary tightening premature, given the real state of the US economy, and how will it affect the now-struggling emerging world?

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  1. The World When the Fed Raises Rates
    Janet Yellen Bao Dandan/ZumaPress

    The World When the Fed Raises Rates

    Sep 10, 2015 Martin Feldkircher, et al. explain why US monetary tightening will affect different countries differently.

  2. Fed Up with the Fed
    Janet Yellen federal reserve Yin Bogu/ZumaPress

    Fed Up with the Fed

    Sep 7, 2015 Joseph E. Stiglitz asks why US policymakers are considering an interest-rate hike at a time of below-target inflation.

  3. Inflation, the Fed, and the Big Picture
    balloons Tolga Akmen/ZumaPress

    Inflation, the Fed, and the Big Picture

    Sep 3, 2015 Carmen M. Reinhart argues that the real threat nowadays, especially in the advanced economies, is declining prices.

  4. Globalized Crisis
    friendship Trina Alexander/Flickr

    Globalized Crisis

    Sep 3, 2015 Harold James explores the dark side of connecting far-flung people and economies.

  5. Will Americans Become Poorer?
    Wall Street New York City Sergi Reboredo/ZumaPress

    Will Americans Become Poorer?

    Aug 31, 2015 Martin Feldstein takes on Robert Gordon's thesis that US economic growth will remain permanently subdued.

  6. The US Still Runs the World
    Xi Jinping and Barack Obama Rao Aimin/ZumaPress

    The US Still Runs the World

    Aug 28, 2015 Simon Johnson points out that China's troubles represent only the latest affirmation of US global leadership.

  1. dunleavycampbell1_ Leon NealGetty Images)_internetr Leon Neal/Getty Images)

    The US Is Jeopardizing the Open Internet

    Natalie Dunleavy Campbell & Stan Adams condemn America’s apparent decision to abandon its role as a champion of a free digital domain.
  2. monga10MUHAMADOU BITTAYEAFP via Getty Images_senegal uni MUHAMADOU BITTAYE/AFP via Getty Images

    How to Finance Higher Education in Africa

    Célestin Monga proposes a mix of several funding streams to improve access to high-quality colleges and universities.
  3. bu1+ NHAC NGUYENAFP via Getty Images_vietnam wind NHAC NGUYEN/AFP via Getty Images

    Catalytic Capital Holds the Key to Southeast Asia’s Green Transition

    Kitty Bu & Stefanie Fairholme highlight the potential role of early-stage funding in advancing the region’s decarbonization efforts.
  4. op_campanella12_BlackJack3DGetty Images_AIbrain BlackJack3D/Getty Images

    Which AI Risks Matter?

    Edoardo Campanella

    To prevent humanity from ever being demoted to the status of gorillas by a highly advanced artificial intelligence, most AI experts agree that we must retain control over the technology. But with developers racing to achieve the next breakthrough and gain market share, that may be easier said than done.

    considers three leading experts’ assessments of the technology’s future capabilities and their implications.
  5. bq eu security Photo by Win McNamee/Getty Images

    Europe Must Defend Itself

    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.

  6. klee18_Daniel BerehulakGetty Images_shenzhen Daniel Berehulak/Getty Images

    Making the Most of FDI

    Keun Lee considers what it takes to convert foreign investment into growth, development, and technological upgrading.
  7. frankel157_Michael M. SantiagoGetty Images_economy Michael M. Santiago/Getty Images

    Explaining Americans’ Pessimism About a Strong Economy

    Jeffrey Frankel considers possible reasons for the disconnect between economic performance and public perceptions.
  8. coyle35_getty_sharing tech iStock / Getty Images Plus

    Sharing the Tech Wealth

    Diane Coyle urges investment in digital public infrastructure to curb the adverse effects of market power.
  9. sauvant9_FABRICE COFFRINIAFP via Getty Images_wto FABRICE COFFRINI/AFP via Getty Images

    The WTO’s FDI Challenge

    Karl P. Sauvant urges the World Trade Organization’s members to adopt the new Investment Facilitation for Development Agreement.

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