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The EU must step up in Glasgow

The United Kingdom’s prime minister, Boris Johnson, may not appeal to everyone – especially European Union leaders put off by Brexit. But the UK is hosting the latest round of global climate negotiati ...More

EJ Insight2021-10-22

What the US recovery is missing

The expiration of enhanced unemployment benefits in the United States has come and gone with no noticeable impact on the number of Americans seeking work. This should come as no surprise. Arguments ma ...More

EJ Insight2021-10-22

Where will Fumio Kishida take Japan?

On October 4, Fumio Kishida became Japan’s 100th prime minister, succeeding Yoshihide Suga, who held the office for only a year. Kishida secured the top job by prevailing in the four-person race to le ...More

EJ Insight2021-10-21

Accountability for climate catastrophes

 Scientific evidence can now link specific weather disasters to human-induced climate change. This connection should finally dispel the misconception that nature’s wrath alone is to blame for these di ...More

EJ Insight2021-10-20

Trade and the future of food

No one can survive without food. And yet, the world’s food systems are badly in need of reform. To ensure universal access to adequate nutrition, as well as long-term environmental sustainability, we ...More

EJ Insight2021-10-19

A facelift for Facebook

If the testimony of whistleblower Frances Haugen, a former Facebook data scientist, before a US Senate subcommittee told us anything, it was that tech companies cannot be relied upon to regulate thems ...More

EJ Insight2021-10-18

Post-pandemic recovery must include the care economy

The COVID-19 pandemic may have slowed the global economy in 2020, but the “care economy” was working harder than ever. For too long, economists and policymakers have ignored this segment. Economic mod ...More

EJ Insight2021-10-18

Helsinki’s climate moonshot

Among the many misleading beliefs about climate change, one in particular has too often gone unchallenged. This is the idea that temperature increases will negatively affect only warmer regions, while ...More

EJ Insight2021-10-15

Will China stand in the way of global health?

Last month, I lamented that the leaders of the BRICS countries (Brazil, Russia, India, China, and South Africa) seem incapable of agreeing on coordinated policies that would benefit their own economie ...More

EJ Insight2021-10-15

Public development banks can drive sustainable finance

A climate-resilient future requires public finance. But strong, long-term strategies for financing climate action have, so far, received little attention. One often-overlooked route to meeting this ne ...More

EJ Insight2021-10-15

Will corruption threaten Europe’s economic recovery?

The European Union’s post-pandemic recovery plan represents a historic opportunity – as well as a major risk. After intense negotiations, the EU agreed to issue joint debt – for the first time ever – ...More

EJ Insight2021-10-13

What developing countries need to reach net zero

The recent report from the Intergovernmental Panel on Climate Change warns that the planet will warm by 1.5º Celsius by 2040 unless urgent measures are taken to eliminate greenhouse-gas emissions. Aft ...More

EJ Insight2021-10-12

After “Doing Business”

Earlier this year, the World Bank commissioned me and five fellow academics to develop recommendations on how to improve the methodology behind its annual Doing Business report, which ranked countries ...More

EJ Insight2021-10-12

A second chance for global development

Second chances are not common in this world, but one is arriving now. The scope and scale of government support for businesses and workers during the COVID-19 crisis of the last 18 months have swept a ...More

EJ Insight2021-10-08

Dancing with the debt ceiling

In 2011, when still vice chair of the US Federal Reserve, Janet Yellen reassured her colleagues that drama around the federal government’s debt ceiling “usually turns out to be just theater.” Theater ...More

EJ Insight2021-10-07

Award the Nobel Peace Prize to nature’s protectors

Biodiversity and nature’s contributions to people around the world are declining at an unprecedented rate. Species extinctions are accelerating, with grave implications for human health, food and wate ...More

EJ Insight2021-10-06

Will the Federal Reserve support inclusive prosperity?

A major debate is in the making – or, more accurately, beginning to be reopened – in the United States about the appropriate objectives and triggers for monetary policy in the modern American economy. ...More

EJ Insight2021-10-05

Optimizing land supply initiatives

A handy tool makes a handyman. If land and housing supply are compared to flour and bread respectively, the shortage of housing supply in Hong Kong is not simply attributed to insufficient flour. The ...More

EJ Insight2021-10-05

A global institution for an aging world

The COVID-19 pandemic has made global aging impossible to ignore. This pandemic is the first to occur since the world’s population aged over 65 exceeded that under five, and COVID-19-related mortality ...More

EJ Insight2021-10-04

A coup attempt at the IMF

Moves are afoot to replace or at least greatly weaken Kristalina Georgieva, the International Monetary Fund’s managing director since 2019. This is the same Georgieva whose excellent response to the p ...More

EJ Insight2021-10-04

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