Showing 1 - 10 of 23
Where is US economic policy taking us this time?
Oped, Mohamed A. El-Erian, Published on 29/05/2025
» Although this year is not even half over, it is already likely to feature in history books as one of extreme policy-induced volatility -- not only in financial markets but also in terms of economic narratives and international relations. But where it will lead remains to be seen. Are we witnessing the fragmenting of the US domestic and international order, or just a bumpy ride towards a beneficial rewiring of both?
Philanthropy in an era of declining development aid
Oped, William Moore, Published on 02/04/2025
» Philanthropy will never replace public aid, but it can be a powerhouse if we use it right. With global development funding under strain, European aid budgets being redirected towards defence and rearmament, and the United States rethinking foreign assistance altogether, the aid community has been left scrambling.
Bucking the trend
Oped, Postbag, Published on 11/03/2025
» Re: "Transition-finance for a green economy", (Opinion, March 10).
So what are we supposed to make of MAGAnomics?
Oped, Antara Haldar, Published on 20/02/2025
» While the end of World War II 80 years ago ushered in an age of reason, Donald Trump's return to the White House has ushered it out. His MAGA (Make America Great Again) movement promises to take a wrecking ball to the postwar global economic order, raising the question of what will replace it.
Once again, it was the economy, stupid
Oped, Mohamed A El-Erian, Published on 15/11/2024
» 'It's the economy, stupid!" This famous mantra, coined by the political strategist James Carville, helped Bill Clinton unseat President George H W Bush in 1992, and now it explains another election. The economy played a critical role in the 2024 presidential race, creating the conditions not only for Donald Trump to trounce Kamala Harris, and for the Republicans to gain control of the Senate and the House of Representatives, but possibly also for a counter-elite to usher in a new power structure.
Moving towards a fifth world order
Oped, Gordon Brown & Mohamed A El-Erian, Published on 26/10/2024
» The Bretton Woods institutions -- the International Monetary Fund and the World Bank -- are now 80 years old. But they are as under-resourced and poorly supported by national governments as at any time in their history. Their predicament is perhaps the clearest sign that economic and financial multilateralism is fragmenting along with the global economy. Worse, this fragmentation comes at a time of rising international tensions, financial fragility, sputtering growth, rising poverty, and mounting reconstruction bills in Gaza, Lebanon, Ukraine, and elsewhere.
Still haunted by Washington Consensus
Oped, Antara Haldar, Published on 11/06/2024
» In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical "ten commandments" of development.
Asean now 'really' matters to Australia
Oped, Kavi Chongkittavorn, Published on 27/02/2024
» The Albanese government has repeatedly declared that Asean matters to Australia. In the past, such an assertion often drew a quick response, with "really?" being the most common reply. Today, that is no longer the case. Asean "really" does matter to Australia. However, whether Australia matters to Asean remains to be seen.
A headline that went around the world
Oped, Roger Crutchley, Published on 21/01/2024
» There has recently been some discussion concerning the quirky law that bans the sale of alcohol in supermarkets and restaurants from 2pm to 5pm and also before 11am.
The growing risk of global disorder
Oped, Mohamed A El-Erian, Published on 26/12/2023
» The Western-led global economic order had a bad 2023. Surprisingly, the primary cause was not the emergence of an alternative order led by China, as some had anticipated. Instead, it was internal stress that led to more doubts around the world about its effectiveness and legitimacy.