Showing 1 - 10 of 52
How world's super-rich are rewriting the rules
Oped, Joseph E Stiglitz & Jayati Ghosh, Published on 13/02/2026
» Ongoing efforts to derail multilateral tax cooperation lie at the heart of a global programme to replace democratic governance with coercive rule by the extremely wealthy -- or what we call 21st-century Caesarism. Any strategy to counter this programme, therefore, must recognise that taxing extreme wealth is essential to saving democracy.
A view of global power with a gangster's eye
Oped, Jayati Ghosh, Published on 20/01/2026
» There is a method behind the apparent madness of US President Donald Trump's transactional, spheres-of-influence approach to geopolitics and the global economy. Nowhere has this logic been clearer than in his administration's illegal abduction of Venezuelan President Nicolás Maduro and its ongoing efforts to secure control of the country's oil reserves by installing a client regime.
Brazil's bold industrial turn is a gamble
Oped, Jayati Ghosh, Published on 25/12/2025
» For many in the developing world, Brazil is a rare beacon of hope in an otherwise bleak global landscape. Along with his South African counterpart, Cyril Ramaphosa, President Luiz Inácio Lula da Silva is among the few world leaders who have stood up to US President Donald Trump with dignity and a measure of success.
How G20 can help curb inequality
Oped, Jayati Ghosh, Published on 01/12/2025
» This month's G20 Summit in Johannesburg marked several historic firsts. For starters, it was the group's first-ever summit in Africa, and the first to include the African Union as a full-fledged member. It also set less encouraging precedents: it was the first meeting boycotted by a key founding member -- the United States -- on spurious grounds, and the first in which that same country tried to prevent the host from issuing a final declaration. Equally unprecedented was South Africa's decision to ignore the American threat and issue one anyway.
Can world weather another crisis?
Oped, Jayati Ghosh, Published on 07/11/2025
» As stock markets hit record highs, rising financial fragility is setting off alarm bells across the United States and Europe. The International Monetary Fund has recently echoed these concerns, stoking fears of a looming crisis.
Changing face of foreign direct investment
News, Jayati Ghosh, Published on 15/10/2025
» Although US President Donald Trump's protectionist trade policies dominate news headlines, they are far from the only forces shaping global production. New investment patterns have been reshaping the global economic landscape since well before Mr Trump's tariffs.
A Faustian bargain for the Global South
Oped, Jayati Ghosh, Published on 05/08/2025
» US President Donald Trump's tariff policies have unleashed global economic turmoil and a wave of protectionist measures. While many of his frequently changing tariffs may prove short-lived, their use as geopolitical weapons is poised to reshape international trade for years to come.
Can financing for development talks succeed?
Oped, Jayati Ghosh, Published on 17/06/2025
» It is easy to be pessimistic about multilateralism nowadays. Recent international gatherings have yielded only unfulfilled promises. At a time when US President Donald Trump is abandoning America's international commitments, rejecting multilateral initiatives, and sowing chaos and confusion in global trade, can the Conference on Financing for Development (FfD4) at the end of this month go any better?
Donor funding crisis goes global
News, Jayati Ghosh, Published on 21/05/2025
» Towards the end of the ancient Indian epic the Mahabharata, Krishna's Yadava clan self-destructs. Many dark omens presage their downfall: nature behaves erratically and pests multiply. Sin, deception, and violence proliferate, eroding trust and solidarity. Clan members humiliate and insult wise elders. When Krishna's extended family goes on a picnic, the men get drunk, argue, and attack each other, until eventually all of them are dead.
Global South will pay for trade war
Oped, Jayati Ghosh, Published on 22/04/2025
» US President Donald Trump's sweeping tariffs have unleashed economic chaos, roiling stock and bond markets and triggering panic around the world, especially in lower-income countries that rely heavily on exports to the United States. The result could be an entirely manufactured global recession, with the developing world bearing the brunt.