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Curated by Project Syndicate

Looking for Inflation

3 commentaries

Next week the US Fed’s Open Market Committee will meet with inflation still below its target. And Governor of the Bank of England Mark Carney is suggesting that UK rates could rise soon. The US, UK and the global economy have been expanding modestly for at least a year. Yet inflation is still flatlining.

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  1. The Mystery of the Missing Inflation
    Bank of England governor Frank Augstein/Getty Images

    The Mystery of the Missing Inflation

    Sep 13, 2017 Nouriel Roubini describes advanced-country central banks’ dilemmas as GDP growth rises but the price level doesn’t.

  2. The Normalization Delusion
    British shoppers Daniel Leal Olivas/Getty Images

    The Normalization Delusion

    Sep 4, 2017 Adair Turner explains why the global economy remains far from returning to the pre-2008 status quo.

  3. Recovery is Not Resolution
    Samsung store US Spencer Platt/Getty Images

    Recovery is Not Resolution

    Aug 1, 2017 Carmen M. Reinhart warns that the recent growth pickup in major advanced economies is obscuring serious weaknesses.

  1. gelfand4_Andrew HarnikGettyImages_trump_gesture Andrew Harnik/Getty Images

    It’s Time to Abandon Trump’s Flawed Negotiation Playbook

    Michele Gelfand points out that the best dealmakers strive for win-win outcomes, not zero-sum Pyrrhic victories.
  2. bajraktari3_NICOLAS TUCATAFP via Getty Images_fusionreactor Nicolas Tucat/AFP via Getty Images

    America’s Last Chance to Lead in Fusion Energy

    Ylli Bajraktari warns that China's domination of the sector would give it massive economic and geopolitical leverage.
  3. rogoff260_ STRAFP via Getty Images_chinarealestate STR/AFP via Getty Images

    China Can’t Spend Its Way Out of Trouble

    Kenneth Rogoff

    China’s prolonged reliance on fiscal stimulus has distorted economic incentives, fueling a housing glut, a collapse in prices, and spiraling public debt. With further stimulus off the table, the only sustainable path is for the central government to relinquish more economic power to local governments and the private sector.

    argues that the country’s problems can be traced back to its response to the 2008 financial crisis.
  4. mohieldin33_Xie EXinhuaGettyImages_guterres_debt_report Xie E/Xinhua/Getty Images

    This UN Debt Initiative Is Different

    Mahmoud Mohieldin, et al. tout an Expert Group’s efforts to prevent a full-blown solvency crisis in developing countries.
  5. fbirol4_UCGGettyImages_south_africa_power_grid UCG/Getty Images

    What African Electrification Requires

    Fatih Birol & Alain Ebobissé highlight the need for greater private-sector participation to boost investments in power grids.
  6. nye268_John MooreGetty Images_trumpUN John Moore/Getty Images

    How World Order Changes

    Joseph S. Nye, Jr.

    World order is a matter of degree: it varies over time, depending on technological, political, social, and ideological factors that can affect the global distribution of power and influence norms. It can be radically altered both by broader historical trends and by a single major power's blunders.

    examines the role of evolving power dynamics and norms in bringing about stable arrangements among states.
  7. buruma226_Picture AllianceGettyImages_tel _aviv_antiwar_protests Picture Alliance/Getty Images

    Israel’s Blind Spot

    Ian Buruma explains the lack of sympathy, even among the country’s many anti-war protesters, for Palestinian suffering.
  8. sirimanne1_Visual China Group via Getty ImagesVisual China Group via Getty Images_robotelderly Visual China Group via Getty Images

    Will AI Close or Widen the Development Gap?

    Shamika Sirimanne & Xiaolan Fu call for multilateral action and grassroots pressure to ensure that the technology serves all countries.
  9. dickinsongoodman1_DrAfter123Getty Images_datasurveillance DrAfter123/Getty Images

    Don’t Let Governments Break Encryption

    Jessica Dickinson Goodman & Ezequiel Passeron Kitroser urge citizens and lawmakers to fight for the privacy that previous generations took for granted.

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