International Selection

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.

If the United States really did adopt Trump’s economic plan, the result would be an immediate and unmitigated disaster. A column by Simon Johnson.

Presidential candidate Donald Trump tries to politicise US Federal Reserve Chair Janet Yellen. Fortunately she ist able and willing to stand up to it. A commentary by Kenneth Rogoff.

We have experienced technological change that substitutes machines and computers for manpower for many years. And yet the US economy continues to return to full employment. A column by Martin Feldstein.