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
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
