Showing 1 - 10 of 196
How can we future-proof the global economy?
Oped, Mohamed A El-Erian, Published on 23/04/2026
» An uncomfortable reality is becoming increasingly difficult to ignore. The global economy is in a period of "more frequent and violent shocks", as Nobel laureate Michael Spence puts it. Instead of facing isolated and temporary disruptions, we are confronting a structural shift towards unsettling volatility, deepening fragmentation, and a wider dispersion of outcomes for countries, companies, and households. The old world is gone, and virtually everyone risks losing out in the new one. The question is by how much and what to do about it.
Chokepoints expose fragility of our global order
Oped, Todd G Buchholz, Published on 22/04/2026
» Most schoolchildren learn that the Earth is roughly 40,000km around. They do not learn that the global economy depends on just 160 of those kilometres.
Is the Iran war America's Suez or its Gallipoli?
Oped, Yanis Varoufakis, Published on 21/04/2026
» When Egypt closed the Suez Canal for five months in 1956, it triggered events that shrunk the global standing of Britain's pound sterling, inaugurated the petrodollar age, and demonstrated how a small country can inflict serious damage upon the economic power that had subjugated it decades earlier.
Crypto push undermines US power
Oped, Jayati Ghosh, Published on 20/04/2026
» The Ouroboros, the ancient image of a serpent devouring its own tail, has long symbolised self-defeating strategies. It is thus an apt metaphor for US President Donald Trump's current policies. His reckless and illegal war against Iran is the clearest example, but his administration's enthusiastic embrace of crypto currencies represents a subtler, slower-burning expression of the same self-destructive tendency.
Thumbs up for Lumpini
Oped, Editorial, Published on 17/04/2026
» Two recent developments at Lumpini Park offer a solid proof that when the public and private sectors collaborate to address community needs, the results are nothing short of spectacular.
When will the IMF ever learn?
Oped, Timothy Kaldas, Published on 16/04/2026
» This year's International Monetary Fund Spring Meetings come at a time of heightened economic uncertainty and intense scrutiny of the institution's capabilities and approach. Critics on the left argue that the IMF imposes regressive austerity measures on borrowers, exacerbating poverty, hampering economic growth, and undermining their ability to achieve debt sustainability. On the right, US President Donald Trump's administration has accused the IMF of "mission creep," claiming that it has strayed from its core mandate of maintaining macroeconomic stability.
Oil shock risks wider chain reaction
Oped, Chartchai Parasuk, Published on 16/04/2026
» There is no such thing as a free lunch. When global oil prices rise sharply, as they are doing now, someone must bear the cost. Some countries choose to absorb it through government support, as in Japan, while others pass the burden on to consumers, as in Thailand. Neither approach is inherently right or wrong; each carries different economic consequences. Policymakers must decide which set of outcomes is more acceptable and act accordingly.
Countering the fallacy of the buffer zone
Oped, Daoud Kuttab, Published on 10/04/2026
» Territorial buffers rarely, if ever, deliver the peace and security their advocates promise. After the collapse of the USSR, Ukraine was seen as a neutral cordon between Russia and Nato. Instead, it became a zone of increasingly fierce geopolitical contention, followed by open war.
Modern-day mispricing of war
Oped, Antara Haldar, Published on 09/04/2026
» In the space of just a few weeks, the throttling of shipping traffic through the Strait of Hormuz has revealed the true nature of the US-Israeli war with Iran. This is no regional conflict, because the entire world is being invoiced. While the size of the bill remains to be determined, it is already obvious that the belligerents won't be the only ones paying the tab.
Asean banks face climate pressure
Oped, Rachel Ho, Published on 08/04/2026
» The global oil and gas crisis is worsening. Amid the Middle East war, the central banks of countries in Southeast Asia must address a perfect storm of rising fuel prices, cost-of-living pressures, and worsening impacts of climate disasters.