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OPINION

Mobile operators need competition

News, Peter Cramton & Erik Bohlin, Published on 31/03/2025

» Thailand's mobile communications market has two service providers with an equal share of customers. In economic terms, it is a symmetric duopoly. This is the worst market structure because the two can easily discipline each other to limit competition: "I'll match any lower price you set; I'll limit 5G and 6G investment if you do." This reciprocity limits competition in price and quality, which helps the carriers' shareholders but harms consumers, especially in the long run, through slower innovation in a critical infrastructure industry.

OPINION

The way to lose an entire decade

Oped, Erik Berglöf and Nahom Ghebrihiwet, Published on 19/03/2025

» The 2020s are shaping up to be a lost decade, at best, for economic growth. This will be particularly bad for emerging markets and developing economies (EMDEs) in the short term, but it will leave us all worse off, not least by undermining the global fight against climate change. The parallels with the 1930s -- when the world also faced a major economic shock, intensifying protectionism, growing nationalism, and the weakening of multilateralism -- make the situation appear all the more ominous. Then, like now, geopolitics was king.

SPORTS

This victory is for my best friend, cancer patient JT

Sports, Erik van Rooyen, Published on 08/11/2023

» To be honest, I don't really know where to start. I was quite numb after that eagle putt went in on 18 [to win the the World Wide Technology Championship in Mexico on Sunday] and you imagine yourself being full of euphoria and being ecstatic, and I was just numb.

OPINION

Promise, peril of decarbonisation

News, Erik Berglöf, Published on 09/10/2023

» To limit global warming to 1.5 degrees Celsius, it is crucial to decarbonise the entire world. But pressuring emerging economies to reach net-zero emissions too quickly could lead to an explosion of dollar-denominated debt and financial volatility across the developing world. Integrating these countries into the decarbonisation effort requires a more nuanced strategy.

OPINION

Fostering agency where it counts

Oped, Rania Al-Mashat & Erik Berglöf, Published on 15/06/2023

» The gap between the resources needed to achieve net-zero greenhouse-gas emissions by 2050 and the resources that are available currently amounts to trillions of dollars and is still growing.

OPINION

Take the 'trust but verify' path to reaching net zero

Oped, Erik Berglöf, Published on 24/02/2022

» The world currently faces a triple crisis: a pandemic, a climate emergency and immediate threats to biodiversity. But instead of a strengthened sense of solidarity, there is increasing distrust among countries and within international institutions, owing to the catastrophic failure to vaccinate the world against Covid-19, the intensifying superpower rivalry between the United States and China, and the emergence of new physical and online security threats.

BUSINESS

China's path to net zero

Asia focus, Erik Berglöf, Published on 07/12/2020

» China is aiming to halt the rise in its carbon dioxide emissions before 2030 and to achieve carbon neutrality before 2060. If it succeeds, the country will have gone, in less than 40 years, from being the world's largest CO2 emitter to bringing its emissions into balance.

BUSINESS

Fish farming and food security

Business, Jon Erik Steenslid, Published on 19/07/2018

» The United Nations projects the global population will reach almost 10 billion by 2050. This would require a 70% increase in food production simply to ensure the world does not go hungry. But how will we meet this incredible demand in a safe, efficient and sustainable way?