Comment

China's leadership should take Trump’s recent escalation as an opening to end the trade war, initiating a ceasefire that will enable the real peace negotiations to begin. A column by Minxin Pei.

Any effort to undermine international trade – a leading engine of global economic growth since the end of WWII – will inevitably impose high costs on everyone. A column by Anne O. Krueger.

If China had a sustainable growth model underpinning a highly efficient economy, it might be able to afford a moderate arms race with the US. But it has neither. A column by Minxin Pei.

The US can and should greatly step up financial and logistical aid to help neighboring states deal with the overwhelming refugee problem. A column by Kenneth Rogoff.

Lehman Brothers’ collapse revealed a flaw not just in finance, but in twenty-first-century politics and society: technologically driven short-termism. A column by Harold James.

A marriage of convenience between surplus and deficit countries eventually blossomed into codependency. Now, frictions have intensified and might lead to a full-blown trade war. A column by Stephen S. Roach.

The evidence is that Quantitative Easing can play a positive stabilization role. If there are negative side effects, these are best addressed not by central banks but by other policy makers. A column by Barry Eichengreen.

As soon as long-term rates will rise, the present value of future corporate profits will shrink and investors will have an alternative to equities. The result will be a decline in share prices. A column by Martin Feldstein.

Leaders who refuse to recognize the world as it is will eventually lose the position that their denial of reality was supposed to protect. A column by Nina L. Khrushcheva.

Reforms must allow Swiss health care to benefit from the huge advantages of freer markets, and to cease from suffering from their absence. The alternative is rationing of services. A column by Victoria Curzon Price.

After the November elections, the strong American economy may be threatened by an escalating trade war or the specter of higher taxes. A column by Michael J. Boskin.

Should the leaders of the two governing parties, Salvini and Di Maio, enact only a portion of their programs, Italy would sink in a major economic and financial crisis. A column by Charles Wyplosz.