The impending bankruptcy of Chinese real estate giant Evergrande, with its $300 billion in debt, has roiled global investors. Analysts have focused mainly on whether the Chinese government will succee ...More
EJ Insight2021-09-30
The hottest day on record in Jordan since 1960 was a staggering 49.3° Celsius, (120.7° Fahrenheit) in July 2018, one month after I became prime minister. Jordan is not unique: heat waves have been cau ...More
EJ Insight2021-09-29
World leaders are making increasingly ambitious commitments to reduce greenhouse-gas emissions and limit the catastrophic effects of climate change. But to convert commitments into results, more must ...More
EJ Insight2021-09-28
While we already have mature technologies that can replace fossil fuels in many parts of our economy, there are areas where eliminating carbon pollution will be much more difficult. Steel, shipping, a ...More
EJ Insight2021-09-28
The planet is heating up – and so are global geopolitics. With less than two months until the crucial United Nations Climate Change Conference (COP26) in Glasgow, the United States and China must comm ...More
EJ Insight2021-09-27
El Salvador this month became the first country to adopt a cryptocurrency – in this case, Bitcoin – as legal tender. I say the first, because others might follow. But they should think twice, because ...More
EJ Insight2021-09-27
A stream of recent data suggests that the global economy is showing signs of stagflation, that odd 1970s-style mixture of rising inflation and declining growth. Those who have noticed it – and there a ...More
EJ Insight2021-09-24
How will the global economy and markets evolve over the next year? There are four scenarios that could follow the “mild stagflation” of the last few months. The recovery in the first half of 2021 has ...More
EJ Insight2021-09-24
Recent developments in Norway could have momentous implications for climate-related commitments at the UN climate-change conference (COP26) in Glasgow this November. In August, a government-appointed ...More
EJ Insight2021-09-23
COVID-19 has sharpened the focus on many challenges with which the world has long been grappling, including rising inequality, insufficient access to adequate health care and education, and climate ch ...More
EJ Insight2021-09-21
The northern summer of 2021 has brought a series of record-breaking natural disasters. The list – which includes intense flooding in China and Western Europe, heatwaves and drought in North America, e ...More
EJ Insight2021-09-20
Having created the BRIC acronym to capture the collective potential of Brazil, Russia, India, and China to influence the world economy, I now must ask a rather awkward question: When is that influence ...More
EJ Insight2021-09-17
The global food system is unsustainable. While it is worth approximately $8 trillion annually, its negative impact is valued at roughly $12 trillion. And this is not the system’s only contradiction. A ...More
EJ Insight2021-09-17
People have been using “exit” as a suffix for a decade or so. Grexit, referring to a potential Greek departure from the eurozone, was the first to emerge. Italexit made a brief appearance, and has rec ...More
EJ Insight2021-09-16
In August, the International Monetary Fund announced, to much fanfare, that its members had reached a historic agreement to issue $650 billion of special drawing rights (SDRs, the Fund’s unit of accou ...More
EJ Insight2021-09-15
If you want to understand policy choices, it is said, “follow the money.” Inspired by that advice, we at The Nature Conservancy (in partnership with the Paulson Institute and the Cornell Atkinson Cent ...More
EJ Insight2021-09-14
Swaths of Europe are flooded, and the American west is engulfed in heat, fire, and drought. Wealthy countries are experiencing what many developing countries have always known: a changing climate can ...More
EJ Insight2021-09-13
As this year’s brutal summer showed, it has become increasingly easy to track the consequences of climate change. Just as extreme weather is claiming more and more human lives, more and more species a ...More
EJ Insight2021-09-13
Economists across the political spectrum have long advocated an increase in infrastructure investment in the United States. Now, Congress is debating infrastructure spending packages that would secure ...More
EJ Insight2021-09-10
On February 20, 1947, Clement Attlee, the socialist British prime minister, informed parliament that India would become independent no later than June 1948. Attlee could not wait for the British to wi ...More
EJ Insight2021-09-10