For much of the year, investors have been fixated on when the Fed will achieve "liftoff" – that is, when it will raise interest rates by 25 basis points, or 0.25 percent, as a first step toward normal ...More
EJ Insight2015-11-10
The high cost of gender inequality has been documented extensively. But a new study by the McKinsey Global Institute estimates that it is even higher than previously thought -- with far-reaching conse ...More
EJ Insight2015-11-09
Over the last few months, a great deal of attention has been devoted to financial-market volatility. But as frightening as the ups and downs of stock prices can be, they are mere froth on the waves co ...More
EJ Insight2015-11-09
So far, international climate talks have failed to find a mechanism that will successfully reduce global emissions of greenhouse gases. The 1997 Kyoto Protocol attempted to use a system of tradable qu ...More
EJ Insight2015-11-06
Nothing describes the US Federal Reserve’s current communication policy better than the old saying that a camel is a horse designed by committee. Various members of the Fed’s policy-setting Federal Op ...More
EJ Insight2015-11-05
The abolition of China’s 35-year-old one-child policy closes one of the darkest chapters in the country’s history. In the late 1970s, the Chinese Communist Party (CCP), determined to boost economic gr ...More
EJ Insight2015-11-05
Roads and railways, ports and bridges and economic growth go together. That is why international financial institutions such as mine need to answer appeals for greater investment to help close a US$1 ...More
EJ Insight2015-11-04
As Japanese Prime Minister Shinzo Abe sat down this week in Seoul with South Korean President Park Geun-hye and Chinese Premier Li Keqiang, he did so as the leader of a country that many people around ...More
EJ Insight2015-11-03
Twenty-five years ago, the state of public health for large populations was like that of a doctor trying to treat a patient without a proper diagnosis. The diseases and injuries that cut lives short a ...More
EJ Insight2015-10-30
Once upon a time, two superpowers, the United States and the Soviet Union, held summits to reduce the danger of a nuclear war. Today, the summitry is between the US and China, a large part of which is ...More
EJ Insight2015-10-27
We know how to eradicate polio. Since the 1980s, an international vaccination effort led by the World Health Organization has driven the virus to the cusp of extinction. A disease that killed or paral ...More
EJ Insight2015-10-26
The Chinese government’s intervention in the stock market and devaluation of the renminbi this summer provided a loud reminder that economic developments in China affect everyone. Now, China is set to ...More
EJ Insight2015-10-23
China is now experiencing what Japan went through a generation ago: a marked slowdown in economic growth after demands by the United States that it restrict its exports. In the late 1980s and early 19 ...More
EJ Insight2015-10-20
At last week’s annual meetings of the World Bank and the International Monetary Fund in Lima, Peru, one topic that dominated discussions was the slowdown in emerging-economy growth. Hailed in the wake ...More
EJ Insight2015-10-16
The 19th-century physicist Heinrich Hertz once described his feeling that James Clerk Maxwell’s equations, which depict the fundamentals of electricity and magnetism, “have an independent existence an ...More
EJ Insight2015-10-15
One of the most difficult challenges facing Western governments today is to enable and channel the transformative – and, for individuals and companies, self-empowering – forces of technological innova ...More
EJ Insight2015-10-14
It’s a dollar to a cent that Pope Francis’s visit to the United States will be one of the biggest news stories of 2015. Take the sheer number of American Catholics, add the diplomatic skill of the Vat ...More
EJ Insight2015-09-23
There is a simple truth beneath the growing human tragedy of Europe’s refugee crisis and the European Union cannot address the massive influx of exhausted, desperate people in a manner compatible with ...More
EJ Insight2015-09-22
I was a young medical officer in the emergency unit of the Ola During Children’s Hospital in Sierra Leone when I advised the mother of a child with severe malaria to tell a blatant lie. Her daughter M ...More
EJ Insight2015-09-18
Over the past 15 years, the bottled-water industry has experienced explosive growth which shows no sign of slowing. In fact, bottled water -- including everything from “purified spring water” to flavo ...More
EJ Insight2015-09-16