The debate about how to achieve climate goals – most notably, the transition to net-zero emissions of greenhouse gases – has fueled speculation that the world will deglobalize. Some argue that, since ...More
EJ Insight2023-05-17
In our collective imagination, the Himalayas – the roof of the world – are an archetype: glistening white, distant, even otherworldly. Climbing them is proof of humanity’s daring, courage, and drive – ...More
EJ Insight2023-05-16
Optimism can be difficult to muster at a time of heightened uncertainty and global turmoil. The 2022 ASDA’A BCW Arab Youth Survey, conducted only a few months after Russia’s full-scale invasion of Ukr ...More
EJ Insight2023-05-15
The first rule of forecasting, the financial journalist Jane Bryant Quinn once observed, is this: give them a forecast or give them a date; just never give them both. So, here’s a not very bold foreca ...More
EJ Insight2023-05-15
The US Federal Reserve’s decision to raise interest rates by 475 basis points over the course of 12 months, in a bid to curb inflation, was bound to be perilous. As should have been expected, it preci ...More
EJ Insight2023-05-12
Over the past three years, a series of overlapping crises has exposed the structural weaknesses in Central and Eastern European (CEE) economies. Coming on the back of rising labor costs and declining ...More
EJ Insight2023-05-11
MSCI, one of the most influential gatekeepers of environmental, social, and governance ratings, is about to downgrade the ESG ratings of 31,000 investment funds in one fell swoop. The dramatic move co ...More
EJ Insight2023-05-11
When political leaders, and their admirers, claim that George Soros, the Hungarian-American-Jewish philanthropist, is pulling the strings of world affairs, we know that anti-Semitism is not far off. B ...More
EJ Insight2023-05-09
Capitalism relies on competition. In practice, however, this core principle is often violated, because ambitious capitalists will naturally seek to eliminate competition and secure a commanding market ...More
EJ Insight2023-05-08
A stream of European countries have exited the controversial Energy Charter Treaty (ECT) over the past year. France, Spain, the Netherlands, Germany, Poland, Luxembourg, Slovenia, and Denmark have all ...More
EJ Insight2023-05-05
I recently attended the China Development Forum (CDF) in Beijing, an annual gathering of senior foreign business leaders, academics, former policymakers, and top Chinese officials. This year’s confere ...More
EJ Insight2023-05-05
Judging by the growing number of companies vowing to reduce their greenhouse-gas emissions to zero these days, it may seem like the corporate world is finally taking the climate crisis seriously. Acco ...More
EJ Insight2023-05-03
Over the past few years, China has significantly expanded its economic footprint in South America, overtaking the United States as the continent’s largest trading partner. Despite US President Joe Bid ...More
EJ Insight2023-05-02
The International Monetary Fund and the World Bank held their Spring Meetings in Washington this month amid growing fears of a prolonged worldwide recession and following a series of reports predictin ...More
EJ Insight2023-04-28
The world is in the midst of a debt crisis. A recent report estimates that 61 emerging-market and developing economies – nearly one-third of the International Monetary Fund’s member countries – are fa ...More
EJ Insight2023-04-28
Climate policy is at a critical juncture. The world’s leading scientists see a rapidly closing window to avoid the worst ravages of global warming. With the enactment of the Inflation Reduction Act (I ...More
EJ Insight2023-04-27
With the shutdown of its last three nuclear power plants, Germany has completed its phase-out of nuclear power. As the minister responsible for nuclear safety in Germany, I believe that this was an ex ...More
EJ Insight2023-04-24
The collapse of Silicon Valley Bank last month seemed to bode ill for the global clean-energy race. Just as recently enacted US investment packages and the rest of President Joe Biden’s climate dreams ...More
EJ Insight2023-04-18
The Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund, which kicked off on April 10 in Washington, provide an opportunity to reflect on the Bank’s ongoing evolution. As ...More
EJ Insight2023-04-18
Russia’s war in Ukraine, Vladimir Putin and Xi Jinping’s recent meeting in Moscow, and China’s apparent success in brokering a diplomatic rapprochement between Iran and Saudi Arabia have fueled renewe ...More
EJ Insight2023-04-17
