Showing 1 - 10 of 24
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.
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.
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.
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.
Taking a note from Taylor Swift
Life, Jon Caramanica, Published on 13/07/2023
» On Drivers License, one of the great singles of the 2020s, Olivia Rodrigo has been played for a fool by an ex, but the song — pulsing, parched, destitute — remains centred in her pathos. She may have been abandoned, but the person who did the damage is still an object of if not exactly affection, then obsession: “I still hear your voice in the traffic/ We’re laughing/ Over all the noise.” At the song’s conclusion, she is alone, and lonely. That was the Rodrigo from 2 1/2 years ago when she was reintroducing herself to the world as a human after a stretch as a Disney actress automaton. The Rodrigo who appears on Vampire, the first single from her forthcoming second album, has now lived through some things. Her sweetness has curdled.
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.
I know Seve was up there helping me
Sports, Jon rahm, Published on 13/04/2023
» It's very hard to put it into words what it means for me to win the Masters. We all dream of things like this as players, and you try to visualise what it's going to be like and what it's going to feel like when you achieve this goal.
Making parental leave work
Oped, Jon Åström Gröndahl, Published on 09/06/2022
» Sweden was the first country in the world to introduce paid parental leave to both mothers and fathers, doing so as early as 1974. Parents in Sweden are entitled to 480 days of paid parental leave when a child is born or adopted. Of these, 390 days can be distributed as parents see fit, allowing for flexible use until the child is eight years old.
Economists Seek Recession Clues in the Yield Curve
Business, Jon Hilsenrath, Published on 04/04/2022
» As yields on two-year Treasury notes last week moved above yields on 10-year notes, Wall Street analysts sent up warning flares.
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.