economy

How to Govern the New Digital Domain

2020-10-21

For too long, and on too many issues, policymakers have left the governance of technology in the hands of those who design it. Governments face three imperatives...

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The uncertain future of capitalism after coronavirus

2020-10-19

The pandemic made a global economic slowdown much worse. Maybe its time to rethink a system based on endless growth.

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Scotland after Sterling

2020-10-19

Scottish advocates of leaving the United Kingdom need a plan for a new currency and an independent central bank...

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How to Make Japan Great Again

2020-10-18

If Japans new prime minister, Yoshihide Suga, wants to emerge from the shadow cast by his predecessor, he will need to devise a compelling message

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The Coming Equity Shortage

2020-10-13

Firms that manage to survive until an effective COVID-19 vaccine is widely available will have a bright future but weak balance sheets. Innovative new private-equity funds, modeled on US special-purpose acquisition companies, could provide much-needed cap

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Capitalists and Socialists of the World, Unite!

2020-10-05

Although it can be politically expedient to draw a thick line between capitalist decentralization and socialist central planning, the truth is that these two systems have converged on many occasions...

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The Redistribution Games

2020-10-02

Life is not the Olympics, where talent and training determine an athlete’s performance. It’s more like a Roman arena in which well-armed gladiators vanquish unarmed ...

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White-Collar Crime, No Punishment

2020-10-01

Even if the latest scandals in banking reveal nothing new about the financial industrys ethical standards, they have put a spotlight on a bigger emerging problem the complicity of law enforcement agencies in white-collar crime.

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Kadhimi’s Rolling Reshuffle (Part 2): Protecting Iraq’s Economic Institutions and Borders

2020-09-24

As technocrats increasingly fill key government roles, U.S. officials need to help Baghdad withstand the inevitable counterpunch from political and militia factions used to dictating such appointments.

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Kadhimi’s Rolling Reshuffle (Part 1): Military Command Changes

2020-09-19

To strengthen Iraq’s capacity for resisting militia and foreign influence, Washington should keep supporting the campaign to remake the military one commander at a time.

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Can Lebanon’s Fires Be Put Out?

2020-09-05

The blasts that ripped through Beirut’s historic port could hardly have come at a worse time, as the city struggles with the coronavirus pandemic and an economic crisis...

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A Healthy Improvement on GDP

2020-08-25

Many of the failures of GDP as a measure of economic performance are well known. Policymakers in search of an alternative should recognize the far-reaching power of healthy life expectancy as a measure

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Is there such a thing as a ‘good’ or ‘bad’ recession?

2020-08-24

How can the economic outlook appear so bleak, while economists remain upbeat? Not all recessions affect people equally.

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Democratizing Innovation

2020-08-24

Policymakers and the public at large understand the importance of innovation to economic growth and well being.

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The Robot Question

2020-08-12

Although robots that can perform human labor will put downward pressure on wages in the short term, they also will increase the rate of profit, encouraging more investment and a recovery in the wage rate....

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COVID Coin?

2020-08-08

The COVID-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind. A recent report from the G30 argues that if central banks want to shape the outcome, they need to start thinking fast.

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Lebanon’s Hidden Gold Mine

2020-08-03

Establishing a credible National Wealth Fund would help to alleviate the countrys multiple crises.

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A Better Globalization

2020-07-23

Globalization has given rise to legitimate frustrations and concerns, which can’t be assuaged simply by recalling the enormous benefits it has brought.

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The Fastest Way Out of the Pandemic

2020-07-21

During the 2009 swine flu pandemic, a few countries cornered the vaccine market, leaving the vast majority of the global population with no vaccine at all until the outbreak was effectively over.

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Was Iraq’s prime minister right to go after an Iranian proxy?

2020-07-15

Rocket attacks by Iranian proxy groups in Iraq have been a common feature of the Iraqi security landscape over the past two decades, often causing material damage and on occasion killing and injuring Americans and Iraqis.

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Trust Funds for All

2020-07-15

The COVID-19 pandemic has exposed many flaws in advanced economies, not least the fact that inequality can be deadly. The case for giving all citizens a capital endowment – reflecting both their inalienable dignity and society’s return on its public inves

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Scientific conference on Coronavirus and its psychological, social and political effects

2020-07-04

The scientific conference entitled (Coronavirus and its psychological, social, and political effects) was launched on Wednesday.

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A Stronger Recovery Through Better Accounting

2020-07-01

Given that the COVID-19 crisis demands unprecedented levels of stimulus spending, policymakers should use the occasion to adopt a more flexible form...

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