Posts from project-syndicate.org
Deglobalization Will Hurt Growth Everywhere | by Kenneth Rogoff - Project SyndicateEven if the United States turns a blind eye to deglobalization’s effects on the rest of the world, it should remember that the current abundant demand for dollar assets depends heavily on the vast trade and financial system that some American politicians aim to shrink. If deglobalization goes too far, no country will be spared.
Time for a Great Reset | by Klaus Schwab - Project SyndicateTragedy need not be the only legacy of the COVID-19 crisis. On the contrary, the pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world to create a healthier, more equitable, and more prosperous future.
Nature Is Our Best Antiviral | by Enric Sala - Project SyndicateMany countries are already demonstrating how we can build stronger bonds between nature, our economy, and our health. And the Seychelles’ recent marine-protection initiative offers hope that if every country, no matter how small, does its part, the planet can be safer and more prosperous for all of us – just as nature promises.12
An interview with Carlos Lopes - Project SyndicateThis week, Project Syndicate catches up with Carlos Lopes, a professor at the Nelson Mandela School of Public Governance at the University of Cape Town, High Representative of the African Union for partnerships with Europe, and a member of the Global Commission on the Economy and Climate.
The Trump Effect on Global Press Freedom | by Mellissa Fung - Project SyndicateWhen it comes to discrediting journalists’ efforts to hold the powerful to account, the United States – historically the world’s foremost defender of the free press – has been showing these countries how it is done. And the international norms that are now being destroyed won’t be easily rebuilt.
Don’t Equate Technology with Big Tech | by Marietje Schaake - Project SyndicateWith just a few multinational tech firms lording over most of the twenty-first-century economy, it is safe to say that the digital revolution's emancipatory potential has been squandered – at least for now. But in charting a new course forward, it is critical that policymakers in Europe and elsewhere focus on the real problem, which is not technology but rather the Big Tech business model.
The Myth of the Tech Race | by Yuen Yuen Ang - Project SyndicateBy fundamentally misunderstanding the difference between the American and Chinese tech scenes, Western policymakers and analysts have rallied behind a zero-sum competition when they should be looking for opportunities to cooperate and reinvest in domestic capacities. Not only are China and America's technological comparative advantages different from one another, but they could even be mutually beneficial.
Trump’s Cruelest Month | by Elizabeth Drew - Project SyndicateWith the US economy spinning out of control and expected to sink to depths not seen since the 1930s, US President Donald Trump's presidency is self-destructing. This was clear throughout April, when two opposing forces, Trump's compulsive lying and the coronavirus, collided daily.
Why Libra Matters | by Dante Alighieri Disparte - Project SyndicateSince Facebook launched Libra, a not-for-profit initiative to create a digital currency and global payments system, there has been much hand-wringing over the potential risks posed by digital disruption in the financial sector. But not nearly enough has been said about the dangers associated with the status quo.
Patents vs. the Pandemic | by Joseph E. Stiglitz, Arjun Jayadev and Achal Prabhala - Project SyndicateAs researchers around the world rush to develop new diagnostics and treatments for COVID-19, we must not forget that such cooperation is an exception to the rule. In the absence of public intervention, we will remain reliant for life-saving drugs and vaccines on a monopoly-driven system that favors profits over people.
Viral Authoritarianism | by Patrick Gaspard - Project SyndicateIn the rush to mitigate a public-health emergency like the COVID-19 pandemic, illiberal governments around the world are testing the limits of civil rights and democratic checks and balances. As history has shown time and again, there is no better moment than an emergency for aspiring strongmen to consolidate power.
The Real Economic Fallout of COVID-19 | by Dennis J. Snower - Project SyndicateRegardless of how long the current pandemic lasts, the existing organization of economic activities needs to change fundamentally. In particular, governments must support the shift in employment from physically interactive to physically disjointed activities.
Where Women Stand | by Laura Tyson & Anu Madgavkar - Project SyndicateA wide-angle look at the past two decades shows that women across advanced economies have made far-reaching gains as workers, consumers, and savers. But much of this progress has been offset by rising costs and new forms of insecurity that once again disproportionately affect women.