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OPINION

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.

OPINION

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.

OPINION

Japanese PM Takaichi comes out on top

Oped, Taniguchi Tomohiko, Published on 11/02/2026

» Japanese Prime Minister Sanae Takaichi has just scored an unprecedented victory in the country's general election. The ruling Liberal Democratic Party (LDP), which she leads, won 316 seats in the 465-member House of Representatives (the Diet's lower house), up sharply from 198. The combined strength of two parties that had merged hastily -- despite their fundamentally opposing platforms -- in an effort to bring Ms Takaichi down fell from 167 seats to just 49. The LDP, which celebrated its 70th anniversary last year, has never looked more robust.

OPINION

Rethinking global health finance

Oped, Walter O Ochieng & Tom Achoki, Published on 06/02/2026

» For the past half-century, the economics of global health were straightforward. Under the so-called "grant-based" approach, rich countries donate to poor countries, which use the funds to meet their populations' health needs. Success was measured by services provided or lives saved, rather than by balance sheets. While this model was far from perfect, the latest approach replacing it -- focused on using tools like guarantees and blended finance to crowd in private capital -- threatens to produce even worse outcomes.

OPINION

Our tariff-era dollar, your problem

Oped, Qiyuan Xu, Published on 04/02/2026

» In 2025, the dollar index, which measures the greenback's strength against a basket of major currencies, fell by roughly 9.4%. Over the same period, the United States' average effective tariff rate rose by around 14.4 percentage points, from 2.4% to 16.8%, according to the Yale Budget Lab. Taken together, these shifts imply that, in the import trade domain, the US experienced an effective exchange-rate depreciation of around 24%.

OPINION

AI and the future of education

Oped, Pinelopi Koujianou Goldberg, Published on 27/01/2026

» The rapid progress of large language models over the past two years has led some to argue that AI will soon make college education, especially in the liberal arts, obsolete. According to this view, young people would be better off skipping college and learning directly on the job.

OPINION

How to feed the world's ten billion people

Oped, Yurdi Yasmi, Published on 22/01/2026

» With the world struggling to feed eight billion people today, how will we feed ten billion by 2050?

OPINION

A view of global power with a gangster's eye

Oped, Jayati Ghosh, Published on 20/01/2026

» There is a method behind the apparent madness of US President Donald Trump's transactional, spheres-of-influence approach to geopolitics and the global economy. Nowhere has this logic been clearer than in his administration's illegal abduction of Venezuelan President Nicolás Maduro and its ongoing efforts to secure control of the country's oil reserves by installing a client regime.

OPINION

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.

OPINION

America's new age of empire dawns

Oped, Joseph E Stiglitz, Published on 13/01/2026

» US President Donald Trump has drawn a wave of criticism for his actions in Venezuela, violations of international law, disdain for longstanding norms, and threats against other countries -- not least allies like Denmark and Canada. Around the world, there is a palpable sense of uncertainty and foreboding. But it should already be obvious that things will not end well, neither for the United States nor the rest of the world.