Showing 1 - 10 of 21
American hegemony is waning
News, Carla Norrlöf is Professor of Political Science at the University of Toronto., Published on 21/03/2026
» The messy crisis in the Strait of Hormuz has clarified how power works in the 21st century. It reminds us that the greatest long-term threat to the United States is not China's military buildup or Russian aggression, but the gradual fragmentation of the alliance system that has underwritten its global leadership since World War II.
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.
Stepping up the poverty fight
News, Akinwumi A Adesina & Ilan Goldfajn, Published on 15/09/2025
» Faced with a slowing global economy and rising debts, many developing-country governments may be tempted to scale back anti-poverty programmes. That would be a grave mistake. Combating poverty is not just a moral imperative; it is also crucial for economic stability, conflict prevention, and long-term development.
Rethinking development in an era of upheaval
News, Mohamed A El-Erian, Published on 14/08/2025
» For many developing countries, the global economic landscape has shifted dramatically in recent years. Lower growth, disrupted supply chains, reduced aid flows, and heightened financial-market volatility represent significant headwinds. Underpinning these changes is a fundamental restructuring, driven by the developed world, of the postwar economic and financial order. Against this background, a handful of factors are becoming critically important for the current and future well-being of developing countries -- and for the fate of multilateral institutions.
Empowering middle-income states
News, Enrique A. Manalo Secretary for Foreign Affairs, Published on 28/04/2025
» Spanning across all regions of the world -- from Latin America to Africa, from Eastern Europe to Southeast Asia and the Pacific -- middle-income countries (MICs) constitute over 100 countries, hosting 75% of the world's population and producing 35% of global GDP. Many MICs are in Asia.
Trump adds to growing doubts at climate talks
News, Jennifer A Dlouhy, Published on 09/11/2024
» The election of Donald Trump -- and his vow to once again undertake a US retreat from international climate diplomacy -- poses a decisive threat to the fight against global warming as the window for meaningful action closes.
Princess adds touch of couture to opera classic
News, Apinya Wipatayotin, Published on 24/07/2024
» The archive of Sirivannavari Haute Couture, also known for its sophisticated designs tailored for the modern working woman, has been transformed into Princess Sirivannavari Nariratana Rajakanya's own masterpiece production of the world-class opera Madama Butterfly. This spectacular performance celebrates His Majesty the King's 72nd birthday on July 28.
Financial systems failing Africa
News, Akinwumi A Adesina, Published on 23/06/2023
» The United Nations Secretary-General, António Guterres, recently sounded an ominous alarm bell. The Sustainable Development Goals (SDG), which aim to significantly reduce poverty around the world and create a better quality of life for all, are off track, he warned.
Why Taiwan matters to the democratic world
News, Daron Acemoglu and James A Robinson, Published on 20/08/2022
» US Speaker of the House Nancy Pelosi's headline-generating visit to Taipei has reminded the world how much Taiwan matters to China. But Taiwan also should matter to the democratic world.
Saudi Arabia swings again -- but for how long?
News, Mohamed A El-Erian, Published on 04/07/2022
» Fluctuating Chinese demand has contributed to this year's volatility in international oil prices. But the latest evolution on the supply side will have immediate geopolitical and financial implications that go well beyond the oil market. Specifically, Saudi Arabia has returned as the most important swing producer and thus the most influential marginal price-setter. But how long this situation will last is unclear.