Showing 1 - 10 of 188
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.
Emerging markets stand strong
Oped, Kristalina Georgieva and Mohammed Al-Jadaan, Published on 12/02/2026
» It used to be that when advanced economies sneezed, emerging markets caught a cold. That is no longer true. Following recent global shocks, such as the post-pandemic inflation surge and a new wave of tariffs, emerging markets have held up well. Inflation has continued to slow, currencies have generally retained their value, and debt issuance costs have remained at manageable levels. There has been no sign of the kind of financial turbulence that came with past economic shocks.
2026 outlook calls for recalibration
News, Mohamed A El-Erian, Published on 17/01/2026
» For global markets, 2025 was defined as much by what did not happen as by what did. The year offered a masterclass in the power of a single narrative, with massive, concentrated bets on AI masking various other unanswered questions. Yet as we move further into 2026, the AI narrative is unlikely to prove strong enough to continue overshadowing other lingering uncertainties, many of which reflect deeper structural shifts. For investors, central banks, and governments alike, the situation demands adaptation.
When infrastructure meets AI
Oped, Bertrand Badré & Saurabh Mishra, Published on 16/01/2026
» Infrastructure investment is booming. Around the world, governments are pouring trillions of dollars into roads, power grids, data centres, water systems, and housing, with many responding to intensifying climate shocks and the growing need for adaptation. Yet the construction industry -- the single largest force physically reshaping the planet -- is among the last major sectors to unlock all the benefits that digital technology offers. As a result, it accounts for about 21% of greenhouse-gas emissions, produces half of global landfill waste, and overspends by US$1.6 trillion a year.
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.
Early education transforms lives
Oped, Justin van Fleet & Pia Rebello Britto, Published on 09/12/2025
» The leaders' declaration adopted at the end of the recent G20 summit in South Africa reaffirmed the group's commitment to tackling some of the world's most pressing challenges, from inequality and long-running conflicts to AI and climate change. It also marked a historic milestone: for the first time, the G20 identified education as one of its top global priorities.
G20 must commit to debt relief
Oped, Olusegun Obasanjo, Published on 04/12/2025
» As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, health care, and infrastructure. These countries have so far avoided default, but at the expense of their own development.
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.
Brazil, Asean prospering together
Oped, Luiz Inácio Lula da Silva, Published on 24/10/2025
» The partnership between Brazil and the Association of Southeast Asian Nations (Asean) exemplifies how a future of peace, stability and sustainable growth can be built. With complementary and dynamic economies and a shared vision of a fair and inclusive international order, we demonstrate how dialogue and cooperation within the Global South can bridge distances and generate mutual benefits.
How G20 could help end hunger
Oped, Raj Patel & Refiloe Joala, Published on 21/10/2025
» Upon assuming the G20 presidency in December, South Africa chose "solidarity, equality, and sustainability" as its theme. Far from being an empty slogan, this vision reflects the principles on which any credible international response to today's hunger crisis must rest.