Just as one generation gives way to the next, global challenges are superseded by a new cohort. The once-in-a-century COVID-19 pandemic – and the risk that other dangerous new viruses may emerge at an ...More
EJ Insight2022-06-17
When Russian President Vladimir Putin ordered his invasion of Ukraine on February 24, he envisaged a quick seizure of Kyiv and a change of government analogous to Soviet interventions in Budapest in 1 ...More
EJ Insight2022-06-17
In its most recent assessment, the Intergovernmental Panel on Climate Change offered a comprehensive outline of what it will take to keep global warming below 1.5° Celsius, relative to pre-industrial ...More
EJ Insight2022-06-16
What policy will the US Federal Reserve announce after the Federal Open Market Committee’s two-day meeting this week, and what policy should it announce? The first question is easy: There is a high pr ...More
EJ Insight2022-06-15
Russia’s war on Ukraine shows no sign of ending, but it is not too soon to start thinking about how to ensure postwar Ukraine’s stability, prosperity, and security. Already, two discussions are occurr ...More
EJ Insight2022-06-14
Major central banks have lost the plot when it comes to fulfilling their price-stability mandates. In April, 12-month US consumer price index (CPI) inflation was at 8.3%, down slightly from 8.5% in Ma ...More
EJ Insight2022-06-13
Nuclear power has been in decline since the Fukushima disaster in Japan more than a decade ago, but it may be poised for a comeback. Russia’s invasion of Ukraine and soaring natural-gas prices have le ...More
EJ Insight2022-06-10
In an interesting recent article in the Times Literary Supplement, the Ukrainian novelist, essayist, and poet Oksana Zabuzhko took Western readers to task for not recognizing Russia’s barbarism. Too m ...More
EJ Insight2022-06-09
With cryptocurrency prices plummeting as central banks start to raise interest rates, many are wondering if this is the beginning of the end of the bubble. Perhaps not yet. But a higher opportunity co ...More
EJ Insight2022-06-08
Although nearly all heat-related deaths are preventable, heatwaves kill thousands of people worldwide every year. At this very moment, an extreme heatwave in India and Pakistan, affecting about one bi ...More
EJ Insight2022-06-08
The COVID-19 pandemic has reshaped attitudes toward public health, fiscal policy, and the state’s role in the economy. Demands for greater supply-chain resilience and strategic autonomy in developing ...More
EJ Insight2022-06-07
Recent conversations about the global economy and markets have been defined by a set of recurring questions. While there are many moving parts that are difficult to capture in a single clear picture, ...More
EJ Insight2022-06-07
The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow an ...More
EJ Insight2022-06-03
Russia’s attack on Ukraine is coming to resemble many previous geopolitical crises. Throughout history, episodes that initially seemed like temporary disruptions have become prolonged affairs. What st ...More
EJ Insight2022-06-02
In 2021, the big debate about the outlook for the global economy focused on whether the rising inflation in the United States and other advanced economies was transitory or persistent. Key central ban ...More
EJ Insight2022-06-01
Addressing the ever-worsening climate crisis will require the largest sustained movement of capital in history. At least $100 trillion must be invested over the next 20-30 years to shift to a low-carb ...More
EJ Insight2022-05-31
Our planet is facing a triple crisis of climate, nature, and pollution, with one common cause: the fossil-fuel economy. Oil, gas, and coal are at the root of runaway climate disruption, widespread bio ...More
EJ Insight2022-05-31
The United States Food and Drug Administration’s recent decision to limit the use of the Johnson & Johnson COVID-19 vaccine to adults who cannot or will not get another vaccine will have profound ...More
EJ Insight2022-05-27
Pastoral communities live off the land. In northern Kenya, where I grew up, we raised local breeds of cattle, which grazed in the dry rangelands. But our land is more than the basis of our livelihoods ...More
EJ Insight2022-05-26
“Finlandization” describes the commitment to strategic neutrality that a small country might make, in order to avoid provoking a much larger and more powerful neighbor. The term is derived from Finlan ...More
EJ Insight2022-05-25
