Showing 1 - 10 of 80
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.
India's economy is stronger than Trump thinks
News, Shang-Jin Wei, Published on 04/10/2025
» India has long benefited from geopolitical arbitrage, maintaining working relationships with Russia, the United States, and Europe. But this delicate balancing act is now being tested by a series of policy shocks delivered by US President Donald Trump's administration. These disruptions, unlikely to ease anytime soon, raise a critical question: Can India retain its status as the world's fastest-growing major economy?
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.
New global tax challenge lies ahead
Oped, Saliltorn Thongmeensuk, Published on 26/02/2025
» President Donald Trump's decision to leave the global minimum tax accord is affecting international tax law worldwide. Thailand is not spared either.
New approach to debt required
Oped, Kate Hampton & Hannah Wanjie Ryder, Published on 11/02/2025
» The world is in the midst of a financing crisis. As world leaders work to mobilise trillions of dollars to meet climate and development goals, expensive public debt is limiting governments' ability to make long-term investments. A long-term framework for low-interest financing of global public goods is urgently needed.
East Asia braces for Trump's second term
Oped, Takatoshi Ito, Published on 08/02/2025
» The first two weeks of US President Donald Trump's second term were marked by a flurry of directives and executive orders.
Donald Trump's tariffs will surely backfire
Oped, Takatoshi Ito, Published on 21/12/2024
» US president-elect Donald Trump appears committed to imposing high tariffs on imports to the United States -- or, at least, using the threat of tariffs to bend US trading partners to his will. Mr Trump now says he will enact a 25% tariff on all imports from Canada and Mexico on his first day in office and raise tariffs on goods from China by 10%. And he has previously advocated 60–100% tariffs on imports from China and 10–20% tariffs on imports from all other countries.
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.
Brics could be catalyst for global revamp
Oped, Brahma Chellaney, Published on 22/10/2024
» A new age of international relations is dawning. With the West accounting for a declining share of global GDP, and the world becoming increasingly multipolar, countries are jostling to establish their positions in the emerging order. This includes both the emerging economies -- represented by the recently expanded Brics grouping -- that seek a leading role in writing the rules of the new order, and the smaller countries attempting to cultivate relationships that can safeguard their interests.