International Selection

The EU's investment program remains legally dubious, as it creates a massive shadow budget financed by borrowing that will place a substantial risk-sharing burden on taxpayers. A column by Hans-Werner Sinn.

The trading range in the brave new world of competitive oil should be roughly $20 to $50. A column by Anatole Kaletsky.

Policymakers will have to deal with an even bigger shock stemming from the exit of a small, fiscally strong country that is not even a member of the European Union. A column by Harold James and Markus Brunnermeier.

Only if the SNB is confident that it has vanquished deflation and that the Swiss economy is strong enough to cope with a stronger currency is now the right time to abandon the ceiling. A column by Barry Eichengreen.

Now it is time for the Fed and its counterparts elsewhere to abandon financial engineering and begin marshaling the tools they will need to cope with the inevitable next crisis. A column by Stephen S. Roach.

Large deficits have no reliable effect on reducing unemployment, and deficit reduction can be consistent with falling unemployment. A column by Jeffrey D. Sachs.

Willem Buiter, Global Chief Economist of Citigroup, believes there is no way to get around a debt relief for Greece. And even if there was no financial exposure left in the banking system, this would have great repercussions on the financial stability in the eurozone.

A strategy for inclusive growth must empower people by including them in the networks that make them productive. A column by Ricardo Hausmann.

Politicians ought to follow the lesson of the Great Depression: Experiment, then scale up the most successful policies to turn the economy around, as Franklin Delano Roosevelt did. A column by J. Bradford DeLong.

Cultivating India as a reliable partner in the global economy and in international affairs is a high priority for the US as well. Obama’s visit to India can help to realize that relationship’s potential. A column by Martin Feldstein.

In 2015, «divergence» will be a major global economic theme, applying to economic trends, policies, and performance. These divergences will become increasingly difficult to reconcile. A column by Mohamed A. El-Erian

To complete monetary union Europe's political union will have to be deepened further: to lay down its rights and obligations in a renewed institutional order. A column by Mario Draghi.