A couple of years ago, the eurozone – about one-sixth of the world economy – appeared to be in serious trouble. Beginning in 2010, an unexpected sovereign debt crisis contributed to and was compounded ...More
EJ Insight2017-07-03
Twenty years after Hong Kong changed from being governed at arm’s length from London to Chinese sovereignty, it still remains one of the freest and most successful cities in Asia. Is that because of t ...More
EJ Insight2017-06-29
The International Monetary Fund has resurrected an old technique – commonly used in the 1980s during the Latin American debt crisis – that would allow Greece to avoid a payment default next month on d ...More
EJ Insight2017-06-23
As a longtime champion of liberty and free trade, it is not surprising that the United States enjoys one of the highest standards of living in the world. But unless its policymakers act soon, the US c ...More
EJ Insight2017-06-23
In all major economies, the so-called productivity puzzle continues to perplex economists and policymakers: output per hour is significantly lower than it would have been had the pre-2008 growth trend ...More
EJ Insight2017-06-21
Economic reality is beginning to catch up with the false hopes of many Britons. One year ago, when a slim majority voted for the United Kingdom’s withdrawal from the European Union, they believed the ...More
EJ Insight2017-06-20
For almost a decade, Pakistan has lacked the energy it needs, with producers and consumers across the country facing power outages for up to 12 hours per day. At the root of this crisis lies poor gove ...More
EJ Insight2017-06-20
US President Donald Trump, with the help of a Republican-controlled Congress, is undermining many of the fundamental values that Americans hold dear. He is jeopardizing their access to healthcare by s ...More
EJ Insight2017-06-19
With the election of a reform-minded centrist president in France and the re-election of German Chancellor Angela Merkel seeming ever more likely, is there hope for the stalled single-currency project ...More
EJ Insight2017-06-15
If you were a Briton who had been stuck in Antarctica for the past year and a half, you might be forgiven for wishing you had stayed put. The decisions taken during your absence by British politicians ...More
EJ Insight2017-06-14
Every century, it seems, has its “age”. The Renaissance, from a philosophical perspective, has been called the Age of Adventure. The seventeenth-century Age of Reason was followed by the Age of Enligh ...More
EJ Insight2017-06-13
One of the more fascinating developments in the seven months since US President Donald Trump was elected has been the trajectory of the US dollar, relative to other major currencies. After soaring in ...More
EJ Insight2017-06-13
Last month, Chinese President Xi Jinping presided over a heavily orchestrated "Belt and Road" forum in Beijing. The two-day event attracted 29 heads of state, including Russia's Vladimir Putin, and 1, ...More
EJ Insight2017-06-13
Advances in artificial intelligence and robotics are powering a new wave of automation, with machines matching or outperforming humans in a fast-growing range of tasks, including some that require com ...More
EJ Insight2017-06-09
Many commentators have described Emmanuel Macron’s victory in the French presidential election as a triumph for the center right, because he received votes that otherwise would have gone to the scanda ...More
EJ Insight2017-06-09
Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to re ...More
EJ Insight2017-06-08
President Donald Trump’s withdrawal of the United States from the Paris climate agreement is not just dangerous for the world; it is also sociopathic. Without remorse, Trump is willfully inflicting ha ...More
EJ Insight2017-06-08
Between 2014 and 2016, Middle Eastern oil-exporting countries’ revenues fell by an average of more than one-third – or 15 percent of GDP – and their current-account surpluses have swung violently to d ...More
EJ Insight2017-06-08
For the past two years, the global economy has been growing, but it has swung between periods of rapid expansion and deceleration. During this period, two episodes, in particular, caused US and global ...More
EJ Insight2017-06-06
Emmanuel Macron’s victory in the French presidential election on May 7 triggered a surge of optimism about the future of the European Union, and the eurozone in particular. This is partly because Macr ...More
EJ Insight2017-06-05
