Blog entries from: Project Syndicate RSS-Feed

Project Syndicate: Economics, finance, politics, and global affairs from the world's opinion page

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November 22 2014

From Project Syndicate RSS-Feed Sat Nov 22 2014, 11:49:59

In economic policy, as in most other areas, actions speak louder than words. By cutting its policy benchmark interest rates, the People's Bank of China has underscored the tactical focus of Chinese government's stabilization policy: it aims to set a floor of around 7% on GDP growth.

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November 21 2014

From Project Syndicate RSS-Feed Fri Nov 21 2014, 09:20:00

Germany's stance toward Europe has become one of refusal and rejection: No to a more active fiscal policy for distressed eurozone countries; no to a European investment agenda to boost demand; no to anything but a domestic budget surplus; and, most ominously, no to the European Central Bank. On all four counts, Germany is wrong.

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From Project Syndicate RSS-Feed Fri Nov 21 2014, 08:20:00

The biggest economic news of the year came almost without notice: China has overtaken the US as the world's largest economy. And, while China's geopolitical status is rising rapidly, alongside its economic might, the US continues to squander its global leadership.

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From Project Syndicate RSS-Feed Fri Nov 21 2014, 07:20:00

The world can end child labor, child marriage, child trafficking, and discrimination against girls by establishing a new international children's court and, with it, a proper reporting and sanctions system. In fact, violations of children's rights are now so rampant that there simply is no alternative.

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November 20 2014

From Project Syndicate RSS-Feed Thu Nov 20 2014, 07:20:02

It is starting to look like a pattern: After painstaking talks, the parties in the Ukraine conflict come to an agreement - only to have it fall apart or fail to be fully implemented. And confidence-building efforts aimed at resolving other post-Soviet conflicts do not offer much room for hope.

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From Project Syndicate RSS-Feed Thu Nov 20 2014, 05:30:07

At a recent closed-door conference, Federal Reserve Governor Daniel Tarullo and Federal Reserve Bank of New York President William Dudley used their bully pulpit to do something unexpected. Instead of focusing on the banks, the officials discussed the bankers themselves.

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From Project Syndicate RSS-Feed Thu Nov 20 2014, 04:20:03

The idea that Africa must choose between two competing blocs - Chinese and the Western - has become a favorite of Western think tanks and journalists, who warn of a new "Great Game," with foreign powers once again carving up the continent and making off with its riches. But African governments and businesses take a more nuanced view.

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November 19 2014

From Project Syndicate RSS-Feed Wed Nov 19 2014, 05:00:12

Monarchs today are reared to be ordinary, as suits their diminished role in national life. But democratic countries need symbols of the extraordinary if they are not to sink into permanent mediocrity.

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From Project Syndicate RSS-Feed Wed Nov 19 2014, 04:30:07

The US and Europe have grossly overreacted to a few isolated cases of the Ebola virus within their borders. These panicked responses are not just futile; when it comes to protecting citizens from Ebola - not to mention preventing similar global health crises from emerging in the future - they may well be counterproductive.

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From Project Syndicate RSS-Feed Wed Nov 19 2014, 03:20:03

India's strong overall growth prospects conceal a patchwork of opportunities within states, districts, cities, and even towns. Investors looking for the best returns should consider these lesser-known economic clusters.

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