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    China Can’t Spend Its Way Out of Trouble

    Kenneth Rogoff

    China’s prolonged reliance on fiscal stimulus has distorted economic incentives, fueling a housing glut, a collapse in prices, and spiraling public debt. With further stimulus off the table, the only sustainable path is for the central government to relinquish more economic power to local governments and the private sector.

     argues that the country’s problems can be traced back to its response to the 2008 financial crisis.
  2. nye268_John MooreGetty Images_trumpUN John Moore/Getty Images
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    How World Order Changes

    Joseph S. Nye, Jr.

    World order is a matter of degree: it varies over time, depending on technological, political, social, and ideological factors that can affect the global distribution of power and influence norms. It can be radically altered both by broader historical trends and by a single major power's blunders.

     examines the role of evolving power dynamics and norms in bringing about stable arrangements among states.
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    It’s Time to Abandon Trump’s Flawed Negotiation Playbook

    Michele Gelfand points out that the best dealmakers strive for win-win outcomes, not zero-sum Pyrrhic victories.
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    Will AI Close or Widen the Development Gap?

    Shamika Sirimanne & Xiaolan Fu call for multilateral action and grassroots pressure to ensure that the technology serves all countries.
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    America’s Last Chance to Lead in Fusion Energy

    Ylli Bajraktari warns that China's domination of the sector would give it massive economic and geopolitical leverage.
  6. durostu1_Apu GomesGetty Images_LAfire Apu Gomes/Getty Images
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    Insurers Must Embrace Geospatial AI

    Pierre du Rostu touts the technology’s benefits for an industry that must shift its focus from paying claims to managing risk.
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    Virtual Migration Could Revive Growth

    Carl Benedikt Frey explains how new technologies can drive growth in rich and poor countries at the same time.
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    This UN Debt Initiative Is Different

    Mahmoud Mohieldin, et al. tout an Expert Group’s efforts to prevent a full-blown solvency crisis in developing countries.
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    Getting Abundance Right

    Sandeep Vaheesan urges the creation of public utilities to accelerate decarbonization and improve living standards.
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Latest

  1. Insurers Must Embrace Geospatial AI
    durostu1_Apu GomesGetty Images_LAfire Apu Gomes/Getty Images

    Insurers Must Embrace Geospatial AI

    Apr 3, 2025 Pierre du Rostu touts the technology’s benefits for an industry that must shift its focus from paying claims to managing risk.

  2. It’s Time to Abandon Trump’s Flawed Negotiation Playbook
    gelfand4_Andrew HarnikGettyImages_trump_gesture Andrew Harnik/Getty Images
    Free to read

    It’s Time to Abandon Trump’s Flawed Negotiation Playbook

    Apr 2, 2025 Michele Gelfand points out that the best dealmakers strive for win-win outcomes, not zero-sum Pyrrhic victories.

  3. America’s Last Chance to Lead in Fusion Energy
    bajraktari3_NICOLAS TUCATAFP via Getty Images_fusionreactor Nicolas Tucat/AFP via Getty Images

    America’s Last Chance to Lead in Fusion Energy

    Apr 2, 2025 Ylli Bajraktari warns that China's domination of the sector would give it massive economic and geopolitical leverage.

  4. China Can’t Spend Its Way Out of Trouble
    rogoff260_ STRAFP via Getty Images_chinarealestate STR/AFP via Getty Images

    China Can’t Spend Its Way Out of Trouble

    Apr 2, 2025 Kenneth Rogoff argues that the country’s problems can be traced back to its response to the 2008 financial crisis.

  5. This UN Debt Initiative Is Different
    mohieldin33_Xie EXinhuaGettyImages_guterres_debt_report Xie E/Xinhua/Getty Images

    This UN Debt Initiative Is Different

    Apr 2, 2025 Mahmoud Mohieldin, et al. tout an Expert Group’s efforts to prevent a full-blown solvency crisis in developing countries.

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OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.  

  1. op_vaheesan1_Bettmann ContributorGetty Images_FDRdam Bettmann Contributor/Getty Images
    0

    Getting Abundance Right

    Sandeep Vaheesan urges the creation of public utilities to accelerate decarbonization and improve living standards.
  2. GettyImages-465335816
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    Jorge Heine on the BRICS, active non-alignment, the US dollar, and more

    Jorge Heine urges the Organization of American States to demonstrate leadership in Haiti, shows how small countries can implement a foreign policy based on active non-alignment, calls on China and Europe to diversify the global monetary system, and more.
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    Fixing Public Finances Without a Chainsaw

    Dag Detter urges cash-strapped countries to adopt a commercial approach to management of government-owned assets.
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    The Global South’s Path to Economic Resilience

    Anwar Ibrahim explains how Malaysia and other middle powers are navigating increasingly uncertain geopolitical terrain.
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    Diane Coyle on innovation, AI, economic data, and more

    Diane Coyle suggests ways to account for “free” digital services in economic frameworks, considers how to prevent the emergence of AI monopolies, warns that cutting funding for basic research is tantamount to destroying the US economy’s foundations, and more.
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    Abundance and Its Discontents

    James Livingston asks why the absence of economic scarcity is viewed as a problem rather than a cause for celebration.

The “future of work” has become an increasingly frequent and capacious subject of inquiry, reflecting the fact that “work” is not just a private concern but a fundamental component of social, political, and economic life. If it is undergoing profound changes as a result of evolving technological, demographic, and global political factors, so will much else.

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  1. durostu1_Apu GomesGetty Images_LAfire Apu Gomes/Getty Images
    0

    Insurers Must Embrace Geospatial AI

    Pierre du Rostu touts the technology’s benefits for an industry that must shift its focus from paying claims to managing risk.
  2. jmccarthy1_CRISTINA ALDEHUELAAFP via Getty Images_cocoaghana Cristina Aldehuela/AFP via Getty Images
    1

    Central Banks Must Stem the Nature Crisis

    Julie McCarthy urges monetary authorities to use their tools to mitigate the financial risks of environmental disruption.
  3. jclapp2_NurPhotoGettyImages_cargo_ship NurPhoto/Getty Images
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    The Biofuel Sham Could Worsen Global Hunger and Inequality

    Jennifer Clapp & Olivier De Schutter urge the UN maritime regulator not to encourage the shipping industry to move from one unsustainable fuel to another.

Opinion that Moves

  1. Michele Gelfand It’s Time to Abandon Trump’s Flawed Negotiation Playbook
  2. Kenneth Rogoff China Can’t Spend Its Way Out of Trouble
  3. Paola Subacchi, et al. Will the World Keep Buying US Treasuries?
  4. Rabah Arezki Developing Countries Need a New Strategy

  1. Joseph S. Nye, Jr. How World Order Changes
  2. Adekeye Adebajo South Africa’s Wrestling Match With Trump
  3. Zaki Laïdi Trump vs. Europe
  4. Richard Haass Diplomacy Is the Newest Front in the Russia-Ukraine War

  1. Mahmoud Mohieldin, et al. This UN Debt Initiative Is Different
  2. Fatih Birol, et al. What African Electrification Requires
  3. William Moore Philanthropy in an Era of Declining Development Aid
  4. Wolfgang Fengler Financial Inclusion Must Reach the Last Billion

  1. Montek Singh Ahluwalia Can COP30 Succeed Where COP29 Failed?
  2. Julie McCarthy Central Banks Must Stem the Nature Crisis
  3. Gaston Browne A Defining Moment for Energy Security and Economic Prosperity
  4. Ekhosuehi Iyahen Insuring Coastal and Ocean Resilience

  1. Ylli Bajraktari America’s Last Chance to Lead in Fusion Energy
  2. Shamika Sirimanne, et al. Will AI Close or Widen the Development Gap?
  3. Jessica Dickinson Goodman, et al. Don’t Let Governments Break Encryption
  4. Daron Acemoglu Two Models for Agentic AI

  1. Ian Buruma Israel’s Blind Spot
  2. Antara Haldar How Aristotle Can Save Us
  3. Yi Fuxian Why China’s Marriage Crisis Matters
  4. Gordon Brown The Internal Challenge to Afghanistan’s Ban on Girls’ Secondary Education

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Fatih Birol, et al. What African Electrification Requires
  2. Hippolyte Fofack Dismantling USAID Could Boost African Self-Reliance
  3. Jaynisha Patel The Sahel’s Dangerous Downward Spiral

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Jessica Dickinson Goodman, et al. Don’t Let Governments Break Encryption
  2. J. Bradford DeLong Trump’s Smoke and Mirrors
  3. Karen Rønde Danish Media’s United Stand Against Big Tech

Oceans cover over 70% of the planet’s surface and account for 97% of its total water supply; they produce half the oxygen that we breathe and absorb o…

  1. Ekhosuehi Iyahen Insuring Coastal and Ocean Resilience
  2. Dadang Mujiono Empty Promises Won’t Save Marine Ecosystems
  3. Maya Delaney, et al. Turning the Financial Tide for Small Island States