• Add to Favorites
  • Subscribe
  • Friend us on Facebook
  • Follow Caijing on Twitter

Global Economists »

the limits we must respect if we are to create a world that is ecologically resilient and free of poverty

Marshall’s vision offers important lessons for world leaders seeking to accelerate development today, beginning with the need to reverse the effects of the Washington Consensus on developing and transition economies

We are the first generation in human history with the means to pull every person on the planet out of abject poverty.

f the current trend continues, almost half of the world’s adult population will be overweight or obese by 2030

Faced with tight fiscal (and political) constraints, policymakers should abandon the flawed notion that investments with broad – and, to some extent, non-appropriable – public benefits must be financed entirely with public funds.

Focusing on the need to provide appropriate and less expensive care for chronic diseases, constitute a small step in the right direction.

it would also enshrine a grossly corrupt and inefficient patent system in the US, in which companies increase their profits by driving out the competition

the real issue is the few payments to the IMF and the ECB that fall due this year – payments that the new government has promised to make.

Women are the most convincing advocates for the solutions that they need, so they should be at the forefront of decision-making on sustainable development and climate-change mitigation.

India can continue to thrive if it invests in physical and human capital and pursues prudent fiscal and monetary policies. But this strategy also requires India to embrace its place on the international stage.

What Failed in 2008?


Indeed, the only true lesson of the crisis so far seems to be that its lessons will never truly be learned.

At this point, Ebola is not only a health crisis, but also a humanitarian, economic, and political crisis.

The biggest impact on market structure will continue to come from ever-rising capital requirements, which will make bank credit more expensive and encourage borrowers to look elsewhere

Greece’s new government must now try to convince its European partners that it deserves more financial support, while pushing for a reduction of its existing debt and resisting the austerity policies on which previous lending was conditioned.

Connected health care can also provide access to life-saving treatment to more people, particularly in developing countries and rural areas.

We must trust in it to help make sense of an uncertain world, and to help us determine how best to nourish and protect our children and ourselves. When parents are allowed – or, worse, encouraged – to choose fear over science, we all pay the price.

To be effective, monetary stimulus needs to be accompanied by temporary fiscal stimulus, which is now lacking in all major economies.

But the Butaro Cancer Center of Excellence and others like it have proved that it is possible to treat cancer patients safely and effectively, even in poor, rural settings.

But now it is time for the Fed and its counterparts elsewhere to abandon financial engineering and begin marshaling the tools they will need to cope with the inevitable next crisis.

If countering inequality and promoting intergenerational opportunity introduces some marginal inefficiencies and blunts some incentives, it is more than worth the price.

Editors’ Picks »