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China’s housing Conundrum

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

How to avert a global climate catastrophe

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

Greening the hardest sectors

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

The promise of green hydrogen

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 right war for the US and China

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’s Bitcoin folly

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

Taming the stagflationary winds

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

Goldilocks is dying

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

Norway’s sovereign duty

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

New business models for a new future

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 case for a fossil fuel non-proliferation treaty

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

Will the BRICS ever grow up?

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

Financing a sustainable global food system

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

The economic risks of Pandexit

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

This SDR allocation must be different

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

Closing the nature-finance gap

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

When the political levee breaks

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

Changing the climate of financial regulation

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

Why America must go big on infrastructure

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

The colonial trap

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

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