Economics & Finance
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The US Economy’s Trust Deficit
The US Economy’s Trust Deficit
Michael Spence considers the causes and consequences of Americans’ declining faith in media and government. -
China’s Struggles with a Consumer Society
China’s Struggles with a Consumer Society
Stephen S. Roach wonders whether the country’s political system is at odds with the values underpinning affluent societies. -
A concise selection of essential reading on the most important issues related to economics and finance, delivered to your inbox every Thursday.
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Turning Trump’s Tariffs Into China’s Opportunity
Turning Trump’s Tariffs Into China’s Opportunity
Keyu Jin shows how the country has been reorienting and even expanding its global economic footprint. -
Can Trump’s Tariff Threats Save Dollar Hegemony?
Can Trump’s Tariff Threats Save Dollar Hegemony?
Jeffrey Frankel warns that the US president-elect’s reckless rhetoric could undermine his stated objectives. -
Can Industrial Policy Revive Manufacturing?
Can Industrial Policy Revive Manufacturing?
Daniel Gros shows that Joe Biden’s subsidies failed to boost industrial production – and Donald Trump’s tariffs will, too. -
The Missing Monetary-Policy Tool
The Missing Monetary-Policy Tool
Johannes Boehm & Xavier Jaravel think that central banks should be prepared to carry out direct transfers to households as a last resort. -
The Right Medicine for Pakistan’s Ailing Economy
The Right Medicine for Pakistan’s Ailing Economy
Aasim M. Husain thinks a reduced dose of austerity and more liquidity could help fix the country’s debt problem. -
What If Trump Subdues the Fed?
What If Trump Subdues the Fed?
Sylvester Eijffinger & Edin Mujagic wonder how far the next president will go to control monetary policymaking.