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
Russia’s brutal shelling of Ukrainian cities continues. Thousands are dying, millions are suffering. Yet the West remains paralyzed about further action on what matters most: sanctions on Russian ener ...More
EJ Insight2022-03-25
To be effective, economic sanctions depend on multilateral coordination. Freezing the Russian central bank’s holdings and kicking Russian banks out of the SWIFT financial messaging system for internat ...More
EJ Insight2022-03-24
While Russia’s invasion of Ukraine is capturing global headlines, COVID-19 continues to wreak socioeconomic havoc around the world. The pandemic has taken more than six million lives, pushed 124 milli ...More
EJ Insight2022-03-22
Since the start of Russia’s invasion of Ukraine, much has been written about the increased risk of nuclear annihilation and its impact (or lack thereof) on stock-market valuations. But, leaving aside ...More
EJ Insight2022-03-22
The surprising potency of the multilateral sanctions imposed on Russia has been exceeded only by that of Ukrainians’ resistance to Russia’s invasion of their country. True, it is difficult to imagine ...More
EJ Insight2022-03-21
It is now well known that SARS-CoV-2 can mutate to evade vaccine protection against infection. The Omicron variants – BA.1, B1.1, and BA.2 – can infect those who were previously infected by other vari ...More
EJ Insight2022-03-21
