Showing 1 - 10 of 843
The hazard of lower interest rates
Oped, Published on 20/06/2024
» When interest rates decline and stabilise, financial-market participants tend to take on greater leverage and risk. The challenge for regulators, then, is to prevent those risks from becoming systemic and causing a broader economic crisis.
Poorest countries can't be ignored
Published on 18/06/2024
» They are home to a quarter of humanity -- 1.9 billion people. They possess prized natural resources, including one-fifth of the world's copper and gold reserves, as well as many of the rare metals essential for the transition to clean energy. Their working-age populations are set to expand for the next five decades amid demographic decline nearly everywhere else. Yet a historic reversal is underway among the world's 75 countries eligible for grants and low-interest loans from the World Bank's International Development Association (IDA).
Is Asean ready to abandon coal?
Oped, Published on 14/06/2024
» Coal remains critical for providing secure and affordable energy, supporting economic growth, and enabling a just energy transition in the Association of Southeast Asian Nations (Asean). Scrapping coal without prudent energy planning could drag Asean member states (AMS) into a self-inflicted energy crisis.
What's next for India's Modi after poll win?
Oped, Published on 08/06/2024
» This year has turned out to be the time of major elections: Mexico, South Africa, Taiwan, European Union, Pakistan, Russia, soon the United Kingdom, and in November, the United States. And now India has just finished national elections for parliament, reelecting a conservative and populist prime minister who has delivered progress for the people during the past decade and who now embarks on a historic third term.
Economic goals facing Mexico's new president
Oped, Published on 07/06/2024
» Mexico's first female president, Claudia Sheinbaum, will take office on Oct 1, and for at least the first half of her six-year mandate, the coalition of parties that brought her to power will have a majority in both houses of Congress.
AI can accelerate SDG in Thailand
Oped, Published on 30/05/2024
» We have just passed the halfway point in the implementation of the 2030 Agenda for Sustainable Development. Adopted by all UN members in 2015, the agenda laid out 17 Sustainable Development Goals (SDGs) to mobilise efforts to end poverty, fight inequalities, and tackle climate change.
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
Beyond the hype: Gauging AI's true economic impact
Oped, Published on 30/05/2024
» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.
Europe's carbon border tax fights climate change
Oped, Jeffrey Frankel, Published on 29/05/2024
» The European Union's Carbon Border Adjustment Mechanism (CBAM), officially launched in October, now requires importers to report on the direct and indirect greenhouse gas (GHG) emissions embedded in the goods they import. Beginning in January 2026, the EU will start imposing tariffs on imports from countries that do not price carbon at the bloc's market rate, which could significantly affect carbon-intensive producers among its trading partners.