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OPINION

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.

OPINION

Recasting Korea–Asean relations

Oped, Suh Jeong-in, Published on 03/12/2025

» At the Asean–Republic of Korea (ROK) Commemorative Summit in Kuala Lumpur in October, President Lee Jae-myung presented a five-year vision for the Comprehensive Strategic Partnership (CSP).

OPINION

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.

OPINION

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.

OPINION

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.

OPINION

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.

OPINION

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?

OPINION

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.

OPINION

US tariff shock upsides for Asean

Oped, Suh Jeong In, Published on 24/04/2025

» 'Let the dust from the White House settle first," said former Korean Foreign Minister Song Min-soon in an interview with Korean media. A Southeast Asian figure I met during an Asean Regional Forum (ARF) Experts and Eminent Persons (EEPs) meeting held recently in Kuala Lumpur, Malaysia, expressed a similar sentiment.

OPINION

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.