International Selection

There has never been a compelling reason for emerging markets to buy into the rich-country case for completely demonetizing gold. And there isn’t one now. A column by Kenneth Rogoff.

Central bankers are technocrats and have performed well, but are now the objects of popular criticism. Finance ministries ought to build up the quality of their technocratic staffs. A column by Charles Wyplosz.

Eugene Fama, professor of finance and Nobel laureate thinks that negative interest rates won’t help to bring back growth and warns that big banks are still posing a high risk to the financial system.

Opening up the economy to competition and expanding the private sector would undermine Putin's system of wealth and power. That's why the economic troubles will continue. A column by Anders Åslund.

By calling a referendum, the UK has introduced a deep conflict into its political sphere. It is now in real danger of becoming a divided and stalemated society. A column by Harold James.

Calling the rise of populism in Europe a revolt by the losers of globalization is not just simplistic; it is misleading. A column by Daniel Gros.

The Fed is effectively trapped between a US economy that increasingly justifies normalization of monetary policy and the interest of fragile global markets in further dovishness. A column by Alexander Friedman.

Prime Minister Abe must decide whether or not to raise the VAT. An failure to do so or to cut government spending means continued large deficits and soaring government debt. A column by Martin Feldstein.

The opponents of Bernie Sanders and Pope Francis may not be old, but they represent the old, while these two elderly gentlemen are speaking for the young. A column by Nina Khrushcheva.

Andrew Swan, Head Asian Equities at BlackRock, is positive for industrial stocks in Asia as China plans to take out capacity.

After eight long years, it is time to give Greece the help it needs, in the form of a proper growth-oriented round of debt reduction. A column by Mohamed A. El-Erian.

The Chinese authorities are clearly pursuing pro-market reforms designed to produce real annual growth of 6.5% or more during the next five years. A column by Martin Feldstein.