South Africa is at a crossroads. To save its democratic project, it needs to put itself on a path to inclusive, dynamic growth, creating a virtuous cycle that delivers on Nelson Mandela’s promise of “ ...More
EJ Insight2021-11-10
In the past three years, technological advances have provided about one percentage point of warranted US real wage growth each year – admittedly, only half the rate of earlier times, but still somethi ...More
EJ Insight2021-11-10
At the beginning of the COVID-19 pandemic, analysts and pundits spun visions of how the crisis would reshape the global economy. Many heralded the opportunity to transform our financial systems, suppl ...More
EJ Insight2021-11-09
The number of days each year when the temperature exceeds 50°C (122°F) has doubled since the 1980s, and occurs in more places than ever. This extreme heat is having a dramatic effect on the health of ...More
EJ Insight2021-11-09
It may seem as if the world is finally taking the climate crisis seriously, judging by the number of pledges to reach “net-zero emissions.” Among the major emitters, both the United States and the Eur ...More
EJ Insight2021-11-05
The threat COVID-19 poses to human health is now well understood around the world. In contrast, the enormous health threat of global warming, with its broad array of persistent impacts on our well-bei ...More
EJ Insight2021-11-02
The COVID-19 pandemic has instilled many harsh lessons. But the most important is that infectious-disease outbreaks pose a risk not just to public health but also to global security. Like nuclear prol ...More
EJ Insight2021-11-01
Two global struggles – Cold War II and the fight against climate change – are colliding. By agreeing to hold a virtual summit before the end of this year, US President Joe Biden and Chinese President ...More
EJ Insight2021-10-28
In a global economy increasingly fueled by credit, the market for private debt has emerged as a new frontier for yield-hungry investors. The close bilateral relationships that are a feature of this ma ...More
EJ Insight2021-10-26
Inflation is now on the front page of newspapers around the world, and for good reason. Prices of more and more goods and services are increasing in a manner not seen for decades. This inflationary sp ...More
EJ Insight2021-10-26
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