Something interesting has emerged in voting patterns on both sides of the Atlantic: Young people are voting in ways that are markedly different from their elders. A great divide appears to have opened ...More
EJ Insight2016-03-17
Developing countries are bracing for a major slowdown this year. According to the UN report World Economic Situation and Prospects 2016, their growth will average only 3.8 percent this year -- the low ...More
EJ Insight2016-02-19
China's shift from export-driven growth to a model based on domestic services and household consumption has been much bumpier than some anticipated, with stock-market gyrations and exchange-rate volat ...More
EJ Insight2016-01-28
This week, Angus Deaton will receive the Nobel Memorial Prize in Economics “for his analysis of consumption, poverty, and welfare”. Deservedly so. Indeed, soon after the award was announced in October ...More
EJ Insight2015-12-08
At the end of every August, central bankers and financiers from around the world meet in Jackson Hole, Wyoming, for the US Federal Reserve’s economic symposium. This year, the participants were greete ...More
EJ Insight2015-09-08
The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European l ...More
EJ Insight2015-06-30
The United States and the world are engaged in a great debate about new trade agreements. Such pacts used to be called “free trade agreements”. In fact, they were managed trade agreements, tailored to ...More
EJ Insight2015-05-14
When the euro crisis began a five years ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis-stricken countries would fail. It would stifle grow ...More
EJ Insight2015-02-04
At long last, the United States is showing signs of recovery from the crisis that erupted at the end of President George W. Bush’s administration, when the near-implosion of its financial system sent ...More
EJ Insight2015-01-09
The Ebola crisis reminds us, once again, of the downside of globalization. Not only good things, such as principles of social justice and gender equality, cross borders more easily than ever before; s ...More
EJ Insight2014-11-13
No country in recorded history has grown as fast – and moved as many people out of poverty – as China over the last thirty years. A hallmark of China's success has been its leaders' willingness to rev ...More
EJ Insight2014-05-05