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Curated by Project Syndicate

Is China Falling?

15 commentaries

Uncertainty about China’s economy is roiling financial markets worldwide. But just how serious is the threat to China’s long-term prospects and to global economic stability?

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  1. China’s Political Interventions
    China market collapse Hitoshi Yamada/ZumaPress

    China’s Political Interventions

    Aug 28, 2015 Koichi Hamada explains why a highly managed economy can produce more instability than a free one.

  2. What Should China Do?
    Xi Jinping Rao Aimin/ZumaPress

    What Should China Do?

    Aug 26, 2015 Michael J. Boskin underscores the danger to long-term stability implied by reversion to state control of the economy.

  3. China’s Complexity Problem
    Communist Party of China leaders Ma Zhancheng/ZumaPress

    China’s Complexity Problem

    Aug 25, 2015 Stephen S. Roach asks whether the country's leaders are juggling too many policy objectives.

  4. The New “Two Chinas” Question
    shanghai at night Shanghai/Wang Gang/ZumaPress

    The New “Two Chinas” Question

    Aug 21, 2015 Richard Haass identifies choices confronting the country's leaders that are as difficult as they are unavoidable.

  5. China’s Debt Termites
    Renminbi burnt bills epSos.de/Flickr

    China’s Debt Termites

    Aug 19, 2015 Gene Frieda highlights the risk that local government liabilities pose to the Chinese economy.

  6. The Value of China’s Devaluation
    China gold army statue Benjamin Jakabek/Flickr

    The Value of China’s Devaluation

    Aug 19, 2015 Benjamin J. Cohen concludes that China's long-term strategy for its currency remains on track.

  1. moyo23_Michael M. SantiagoGetty Images_us inflation Michael M. Santiago/Getty Images

    Why Deglobalization Makes US Inflation Worse

    Dambisa Moyo laments that today’s inflationary surge has not elicited a coordinated global response.
  2. op_fuest1_ INA FASSBENDERAFP via Getty Images_electricity Ina Fassbender/AFP via Getty Images

    How to Tax Energy Companies’ Windfall Profits

    Clemens Fuest & Axel Ockenfels

    Given the complexities of modern markets, economies, and legal regimes, new levies on energy companies will always run into implementation problems. To prevent supply shortages and other disastrous unintended consequences, policymakers must proceed with caution and coordinate across borders.

    consider the underappreciated difficulties of implementing new levies without creating unwanted side effects.
  3. GettyImages-1243621433 ALEXANDER NEMENOV / Contributor via Getty Images

    Is Putin in Peril?

    From alternate-reality annexations to fresh nuclear threats, Russian President Vladimir Putin seems more desperate than ever to project an image of strength after a string of battlefield defeats. As Ukrainian forces advance on Russian-occupied territories and hundreds of thousands of draft-age Russian men flee the Kremlin’s “partial mobilization,” we asked PS commentators to assess his prospects.

  4. coyle27_Leon NealGetty Images_liz truss Leon Neal/Getty Images

    Liz Truss’s Backward Vision of the Future

    Diane Coyle argues that the new UK government will never cure what ails the British economy by living in the past.
  5. butler4_ Sean Gallup/Getty Images Sean Gallup/Getty Images

    The State Is Taking Back Energy

    Nick Butler sees increased government intervention in the sector as necessary but too often suboptimal.
  6. gros167_John KeebleGetty Images_bankofengland John Keeble/Getty Images

    The Stabilizing Effect of Inflation

    Daniel Gros explains why, despite the disruptions caused by monetary tightening, a financial crisis is unlikely.
  7. marin21_Steffen KuglerBundesregierung via Getty Image_scholzgermanymilitary Steffen Kugler/Bundesregierung via Getty Images

    Germany’s Emerging War Economy

    Dalia Marin outlines how the country can transform its economy and help Europe achieve strategic autonomy.
  8. kawamoto4_Eugene Hoshiko - PoolGetty Images_fumio kishida Eugene Hoshiko - Pool/Getty Images

    Japan’s Post-Abe Trust Crisis

    Akira Kawamoto explains how Fumio Kishida’s embattled government can regain public confidence and boost economic growth.
  9. wei51_DANIEL LEALAFP via Getty Images_bankofengland Daniel Leal/AFP via Getty Images

    Liz Truss vs. the Bank of England

    Shang-Jin Wei explains how UK policymakers can prevent a financial crisis by helping pensioners and homeowners.

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