International Selection

Bruce Kasman, Chief Economist of J.P. Morgan, sees the world economy in a powerful feedback loop which gives growth a boost. The economy has overcome a «post-traumatic stress syndrome».

While politics is not, at least for now, impeding global growth nearly as much as one might have thought, the long-run costs of political upheaval could be far more serious. A column by Kenneth Rogoff.

Central banks will need to pursue the great normalization gradually and avoid abrupt moves. They must maintain the balance of sustained moderate growth and low inflation. A column by Alexander Friedman.

Rolf Strauch, Chief Economist of the European Stability Mechanism ESM, on the debt burden in the Eurozone and regional stability mechanisms.

However tempting it may be to focus on our own immediate desires, it is imperative now that investors’ wishes take into account the big economic and policy picture. A column by Mohamed A. El-Erian.

The world must give up aspiring to economic growth so rapid that it is running down the world’s natural capital. A column by Edmund S. Phelps.

Richard Thaler, leading behavioral economist and Nobel Prize winner, explains why investors often act irrational and why he would be a bit cautious with investments in the stock market.

Creating a financing framework for channeling excess savings from the global North into profitable investment opportunities in the global South would benefit everyone. A column by Célestin Monga.

We do not need to abolish capitalism or nationalize the means of production. But we do need to put the power of competition back in the service of the middle and working classes. A column by Angus Deaton.

The debate about growth in 2018 must include a focus on promoting risk-taking and experimentation. Such an approach can reawaken the progressive agenda. A column by Mariana Mazzucato.

The global recovery will continue, but at a slightly slower growth rate of around 3.5%. The two most obvious risks to keep an eye on will be Europe and the oil-rich Middle East. A column by Michael J. Boskin.

Mohamed El-Erian, chief economic adviser at Allianz, expects a fundamental shift in the global economy that will either result in a powerful economic boom or in renewed tremors at the financial markets.