Comment

A Trump presidency will lead to an epic geopolitical shift: for the first time since 1941, Europe cannot rely on the US defense umbrella; it now stands alone. A column by Guy Verhofstadt.

Trump must now choose between cooperation and confrontation as the framework for US policy toward China. His choice should be obvious. A column by Minghao Zhao.

With Trump’s victory, the world has decisively entered a period of increasing unpredictability and instability. A column by Carl Bildt.

The way in which parents interact with their children affects the formation of human capital, which is in turn is a crucial determinant of long-run growth and future inequality. A column by Fabrizio Zilibotti.

Ideas like negative interest rates and higher inflation targets sound radical, but unless central banks address their paralysis at the zero bound, far more radical ideas will pop up. A column by Kenneth Rogoff.

A big adverse surprise – like the election of Donald Trump in the US – would likely cause the stock market to crash and plunge the world into recession. A column by Simon Johnson.

Within the US, the greatest risk is a sharp decline in asset prices, which would squeeze households and firms, leading to a collapse of aggregate demand. A column by Martin Feldstein.

China has the strategy, wherewithal, and commitment to achieve a structural transformation into a services-based consumer society while successfully dodging cyclical headwinds. A column by Stephen S. Roach.

The risk is that, as bad politics crowds out good economics, popular anger and frustration will rise, making politics even more toxic. A column by Mohamed A. El-Erian.

The current Polish government, led by the Law and Justice (PiS) party, has displayed a similar authoritarian streak as Donald Trump. A column by Guy Verhofstadt.

Having misunderstood the causes of the extraordinary growth in trade in recent decades, political elites over-sold globalization. A column by Daniel Gros.

With fresh financing coming through, the new government has a window of opportunity to push through radical reforms and kick-start economic recovery. A column by Anders Åslund.