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OPINION

Let the WTO referee carbon border taxes

Oped, Jeffrey Frankel, Published on 08/12/2022

» Perhaps the most important task confronting the international order is the enforcement of national limits on greenhouse-gas emissions, such as those that were negotiated in the 2015 Paris agreement. Carbon border adjustments could give these limits teeth, but fair application requires a revived World Trade Organization.

OPINION

El Salvador's Bitcoin bet is a dangerous folly

News, Jeffrey Frankel, Published on 30/09/2021

» El Salvador this month became the first country to adopt a cryptocurrency -- in this case, Bitcoin -- as legal tender. I say the first, because others might follow. But they should think twice, because the idea is highly dubious -- and likely to be economically dangerous for developing countries in particular.

OPINION

Terms which misdefined 2020

Oped, Jeffrey Frankel, Published on 01/01/2021

» US President Donald Trump and the Covid-19 pandemic dominated the news headlines in 2020. Three terms, in particular, came to symbolise the year: "witch hunt", "black swan" and "exponential".

OPINION

Why anti-Obamacare crusade was bound to fail

News, Jeffrey Frankel, Published on 28/07/2017

» Since the United States' Affordable Care Act (ACA) -- or "Obamacare" -- was enacted in 2010, Republicans have been promising to "repeal and replace" it. When the 2016 presidential and congressional elections delivered all three branches of the US government to the party, the time to fulfill that promise seemed to have arrived. Yet the anti-Obamacare crusade has just been dealt a crushing blow, owing to the refusal of some Republican senators to vote for the replacement legislation.

OPINION

It's time to overhaul the price of fuel

News, Jeffrey Frankel, Published on 13/08/2015

» World oil prices, which have been highly volatile during the last decade, have fallen more than 50% over the past year. The economic effects have been negative overall for oil-exporting countries, and positive for oil-importing countries. But what about effects that are not directly economic?