Project Syndicate » Economics
271 FOLLOWERS
Project Syndicate produces and delivers original, high-quality commentaries to a global audience. Featuring exclusive contributions by prominent political leaders, policymakers, scholars, business leaders, and civic activists from around the world, we provide news media and their readers with cutting-edge analysis and insight, regardless of ability to pay.
Project Syndicate » Economics
16h ago
Ever since public-debt levels soared during the pandemic, developing countries have faced mounting liquidity challenges. Yet the severity of the crisis is not reflected in the agenda for global cooperation, and no meaningful progress has been made toward a comprehensive debt-restructuring mechanism ..read more
Project Syndicate » Economics
2d ago
While China is grappling with an economic slowdown, India’s economy is thriving, with a booming stock market and 7-8% annual growth. But despite India’s significant advantages over other major economies, there are compelling reasons to believe that its growth prospects are being overstated ..read more
Project Syndicate » Economics
2d ago
The World Bank’s Board of Executive Directors recently approved a groundbreaking Framework for Financial Incentives to encourage investments in projects that generate positive cross-border externalities. It is an important step toward making the Bank’s financial model fit for “ending poverty on a livable planet ..read more
Project Syndicate » Economics
3d ago
While some low- and lower-middle-income countries have regained access to financial markets, liquidity pressures have continued to increase. Immediate debt relief remains the best way to stabilize developing economies and enable them to pursue climate-related investments ..read more
Project Syndicate » Economics
3d ago
Many countries’ recent experiences show that boosting manufacturing employment is like chasing a fast-receding target. Automation and skill-biased technology have made it extremely unlikely that manufacturing can be the labor-absorbing activity it once was, which means that the future of “good jobs” must be created in services ..read more
Project Syndicate » Economics
4d ago
For the last several years, world leaders have made big promises and laid out bold plans to mitigate the climate crisis and help the neediest countries adapt. At this year's World Bank/IMF Spring Meetings, they must demonstrate that they can fulfill these promises, rather than simply touting new ones ..read more
Project Syndicate » Economics
1w ago
The pace of economic recovery varies significantly between the world’s major economies, with the United States and India growing robustly while China is slowing down. The challenge facing policymakers worldwide is to develop policy frameworks that reduce uncertainty and boost business and consumer confidence ..read more
Project Syndicate » Economics
1w ago
Burkina Faso, Mali, and Niger are contemplating an exit from the CFA franc zone, which has its roots in French colonialism. Despite the challenges involved, the authorities in these countries could make a new currency arrangement work, as long as they are committed to fiscal rigor ..read more
Project Syndicate » Economics
1w ago
Necessary reforms to the quota-allocation formula at the International Monetary Fund and the voting-rights system at the World Bank will likely be difficult and time-consuming. In the meantime, these institutions' boards of directors can and should be modernized, in line with best practices in corporate governance ..read more
Project Syndicate » Economics
1w ago
Boeing’s self-inflicted woes hold broader lessons for contemporary corporate governance. Once again, we see how the misguided idea of shareholder value can serve powerful financial interests while destroying what business organizations are best at and leaving many other stakeholders – customers, suppliers, and employees – worse off ..read more