The United Kingdom’s prime minister, Boris Johnson, may not appeal to everyone – especially European Union leaders put off by Brexit. But the UK is hosting the latest round of global climate negotiati ...More
EJ Insight2021-10-22
The expiration of enhanced unemployment benefits in the United States has come and gone with no noticeable impact on the number of Americans seeking work. This should come as no surprise. Arguments ma ...More
EJ Insight2021-10-22
On October 4, Fumio Kishida became Japan’s 100th prime minister, succeeding Yoshihide Suga, who held the office for only a year. Kishida secured the top job by prevailing in the four-person race to le ...More
EJ Insight2021-10-21
Scientific evidence can now link specific weather disasters to human-induced climate change. This connection should finally dispel the misconception that nature’s wrath alone is to blame for these di ...More
EJ Insight2021-10-20
No one can survive without food. And yet, the world’s food systems are badly in need of reform. To ensure universal access to adequate nutrition, as well as long-term environmental sustainability, we ...More
EJ Insight2021-10-19
If the testimony of whistleblower Frances Haugen, a former Facebook data scientist, before a US Senate subcommittee told us anything, it was that tech companies cannot be relied upon to regulate thems ...More
EJ Insight2021-10-18
The COVID-19 pandemic may have slowed the global economy in 2020, but the “care economy” was working harder than ever. For too long, economists and policymakers have ignored this segment. Economic mod ...More
EJ Insight2021-10-18
Among the many misleading beliefs about climate change, one in particular has too often gone unchallenged. This is the idea that temperature increases will negatively affect only warmer regions, while ...More
EJ Insight2021-10-15
Last month, I lamented that the leaders of the BRICS countries (Brazil, Russia, India, China, and South Africa) seem incapable of agreeing on coordinated policies that would benefit their own economie ...More
EJ Insight2021-10-15
A climate-resilient future requires public finance. But strong, long-term strategies for financing climate action have, so far, received little attention. One often-overlooked route to meeting this ne ...More
EJ Insight2021-10-15
The European Union’s post-pandemic recovery plan represents a historic opportunity – as well as a major risk. After intense negotiations, the EU agreed to issue joint debt – for the first time ever – ...More
EJ Insight2021-10-13
The recent report from the Intergovernmental Panel on Climate Change warns that the planet will warm by 1.5º Celsius by 2040 unless urgent measures are taken to eliminate greenhouse-gas emissions. Aft ...More
EJ Insight2021-10-12
Earlier this year, the World Bank commissioned me and five fellow academics to develop recommendations on how to improve the methodology behind its annual Doing Business report, which ranked countries ...More
EJ Insight2021-10-12
Second chances are not common in this world, but one is arriving now. The scope and scale of government support for businesses and workers during the COVID-19 crisis of the last 18 months have swept a ...More
EJ Insight2021-10-08
In 2011, when still vice chair of the US Federal Reserve, Janet Yellen reassured her colleagues that drama around the federal government’s debt ceiling “usually turns out to be just theater.” Theater ...More
EJ Insight2021-10-07
Biodiversity and nature’s contributions to people around the world are declining at an unprecedented rate. Species extinctions are accelerating, with grave implications for human health, food and wate ...More
EJ Insight2021-10-06
A major debate is in the making – or, more accurately, beginning to be reopened – in the United States about the appropriate objectives and triggers for monetary policy in the modern American economy. ...More
EJ Insight2021-10-05
A handy tool makes a handyman. If land and housing supply are compared to flour and bread respectively, the shortage of housing supply in Hong Kong is not simply attributed to insufficient flour. The ...More
EJ Insight2021-10-05
The COVID-19 pandemic has made global aging impossible to ignore. This pandemic is the first to occur since the world’s population aged over 65 exceeded that under five, and COVID-19-related mortality ...More
EJ Insight2021-10-04
Moves are afoot to replace or at least greatly weaken Kristalina Georgieva, the International Monetary Fund’s managing director since 2019. This is the same Georgieva whose excellent response to the p ...More
EJ Insight2021-10-04