The latest scientific assessment by the Intergovernmental Panel on Climate Change makes it abundantly clear that the costs of inaction on global warming are rising rapidly and will disproportionately ...More
EJ Insight2022-04-13
When the war in Ukraine began, I was shocked to learn that most Russians apparently supported President Vladimir Putin’s aggression. I experienced a similar feeling when Donald Trump won the 2016 US p ...More
EJ Insight2022-04-12
Russia’s shocking invasion of Ukraine has awakened the European Union to the urgent need to reduce its reliance on Russian fossil fuels. But, as the EU attempts to escape the Russian energy yoke, it m ...More
EJ Insight2022-04-11
The fallout from Russia’s invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times. No one could have ...More
EJ Insight2022-04-08
Almost 2.5 million Ukrainian refugees have fled to Poland since the Russian invasion began, and more than 350,000 have entered Hungary. But in 2015, when then-German Chancellor Angela Merkel allowed 1 ...More
EJ Insight2022-04-08
Food prices are surging to record highs in many countries, driven by factors including climate change, violent conflict, the COVID-19 pandemic, and supply-chain disruptions. This perfect storm has exp ...More
EJ Insight2022-04-07
Physical infrastructure has a critical role to play in supporting the post-pandemic recovery and in laying the longer-term foundations for green, resilient, and inclusive development. A growing body o ...More
EJ Insight2022-04-07
Russian President Vladimir Putin thought he could quickly capture Kyiv and replace Ukraine’s government. Whether he was misled by poor intelligence or by his own fantasies about history, his “smash an ...More
EJ Insight2022-04-06
As the global economic fallout from the current Western-led sanctions against Russia becomes clearer, are we watching a preview of what a trade and financial rupture with China might look like? Perhap ...More
EJ Insight2022-04-04
Environmental, social, and governance (ESG) standards are the talk of the investment world these days. But despite the trillions of dollars of investments that have been labeled “ESG,” this form of in ...More
EJ Insight2022-04-04
Russia looms large in world energy markets. It supplies 40% of the gas consumed in the European Union, and this is a particularly important economic issue for Germany, Italy, and Austria. But Russia’s ...More
EJ Insight2022-04-01
The global economy has suffered two large negative supply-side shocks, first from the COVID-19 pandemic and now from Russian President Vladimir Putin’s invasion of Ukraine. The war has further disrupt ...More
EJ Insight2022-04-01
For more than two years, COVID-19 has taken lives, destroyed livelihoods, disrupted daily routines, and dominated political discussion around the world. As the acute phase of the pandemic comes to an ...More
EJ Insight2022-03-31
Russia’s invasion of Ukraine has shaken many long-held Western assumptions about the foundations of peace in Europe. Among other things, it has renewed policymakers’ focus on energy dependence as a ke ...More
EJ Insight2022-03-30
On March 7, Russia stated three aims for its invasion of Ukraine: official Ukrainian neutrality, recognition of Russian sovereignty over Crimea, and recognition of the independence of pro-Russian sepa ...More
EJ Insight2022-03-29
Many who now worry about rising inflation in the United States may disagree, but the US Federal Reserve should take a victory lap. Just consider what the Fed has achieved over the past two years. At t ...More
EJ Insight2022-03-29
The global economic recovery from the COVID-19 pandemic was always fragile, especially in the developing world. With Russia’s disastrous war in Ukraine, it has been all but shattered. But the invasion ...More
EJ Insight2022-03-28
The fifth wave of the epidemic has left Hong Kong people physically and mentally exhausted. The pictures are still vivid: the old and the weak waiting for treatment outside the emergency room in the c ...More
EJ Insight2022-03-28
The world is well aware that the climate crisis is one of the main stumbling blocks to sustainable development. And yet, despite the dramatic evidence of the lethal consequences of climate change, and ...More
EJ Insight2022-03-25
Since the early 2000s, European leaders and intellectuals have pushed the idea that the European project is not merely about economic opportunities. At its core, they claim, is morality and the promot ...More
EJ Insight2022-03-25