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The Stablecoin Illusion
BARRY EICHENGREEN An obscure corner of the digital sphere that was poorly understood two years ago is now subject to increasingly intense...


Deepening the EU-African Partnership
WERNER HOYER Although Africa still suffers some of the highest poverty rates in the world, the continent overall has massive potential to...


China Is Killing Its Tech Golden Goose
MINXIN PEI The Communist Party of China’s crackdown on ride-hailing firm Didi over supposed data-security concerns seems to be just the...


The Transatlantic Macroeconomic Divergence
DANIEL GROS Different economic conditions and priorities in the US and the eurozone are leading to divergent macroeconomic-policy...


Where Have All the Asian Tigers Gone?
JAYATI GHOSH There is no magic bullet that can ensure emerging Asian economies actually emerge and live up to their huge promise. But,...


The Global Dangers of Rising US Inflation
SHANG-JIN WEI At-risk economies may have six months or so to implement self-help measures before any sudden US monetary-policy tightening...


The Economic Fundamentals of Chinese Communism’s Successes and Failures
NANCY QIAN From the Great Leap Forward to family-planning restrictions, China's rise has been marred by serious policy failures. Whether...


Attack of the COVID Zombies
LUIGI ZINGALES All too often, entrepreneurs and managers use the threat of massive layoffs to extract large unwarranted subsidies. After...


Under the Latin American Volcano
KENNETH ROGOFF Most of Latin America is still far from the horrific conditions prevailing in Venezuela, where output has fallen by a...


The Right Advice for the Pandemic Recovery
KOICHI HAMADA As long as there is no major uptick in inflation, central banks would do well to sustain their expansionary monetary...


The Looming Stagflationary Debt Crisis
NOURIEL ROUBINI Years of ultra-loose fiscal and monetary policies have put the global economy on track for a slow-motion train wreck in...


Techno-Feudalism Is Taking Over
YANIS VAROUFAKIS The claim that capitalism is being toppled by a new economic model comes on the heels of many premature forecasts of...


Is the Fed Getting Burned Again?
JOHN B. TAYLOR As in the stagflationary 1970s, the US Federal Reserve is once again denying that its own policies are the reason for a...


Three Warnings for Emerging Economies
KAUSHIK BASU The most recent World Bank outlook for emerging markets and developing economies is especially significant because of the...


In Bitcoin We Trust?
PAOLA SUBACCHI Coordinated cross-border policies are needed to ensure that cryptocurrencies don’t do more harm than good in developing...
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