Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.

The Threat of a Eurozone Recession

LONDON – National statistical offices and international organizations are busy revising down their growth forecasts for Europe this year and next. Although they are doing the same for the rest of the world as well, and for China in particular, a slowdown in Europe may have nasty political consequences, in addition to economic costs. Faced […]

Massimiliano Santini is a fellow with the European University Institute and a senior economist on leave from the World Bank. Fabrizio Tassinari is Executive Director of the School of Transnational Governance at the European University Institute

A Green New Deal for Europe

FLORENCE – Earlier this month, Jim Yong Kim abruptly resigned from his post as World Bank president, leaving a pillar of the international financial order without leadership or direction. Kim will join a private equity firm, where he believes he can “make the largest impact on major global issues like climate change.” True, the private sector has […]

Dominique Nouvian Ouattara is First Lady of Côte d’Ivoire

Invisible Children

ABIDJAN – A name, an official identity, and a nationality recognized by everyone: most of us take these things for granted. Yet, for nearly a quarter-billion children around the world, including tens of millions in Sub-Saharan Africa, such basic rights are unattainable luxuries. According to UNICEF, the births of some 230 million children under the […]

Mohamed A. El-Erian, Chief Economic Adviser at Allianz, was Chairman of US President Barack Obama’s Global Development Council. He is the author of two bestselling books, most recently, The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse. 

Reimagining Davos

NEW YORK – I do not attend the annual meeting of the World Economic Forum in Davos. But my sense is that, as in previous years, this year’s participants ended up extrapolating more from the recent past than genuinely looking into the future for pivots and tipping points. This was true both at the macro […]

Zhang Jun is Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank.

Why China Must Save Less

SHANGHAI – In his influential 1954 article “Economic Development with Unlimited Supplies of Labour,” the future Nobel laureate economist Arthur Lewis concluded that “the central problem in the theory of economic development is to understand the process by which a community which was previously saving and investing 4 or 5 per cent of its national […]

Gordon Brown, former Prime Minister and Chancellor of the Exchequer of the United Kingdom, is United Nations Special Envoy for Global Education and Chair of the International Commission on Financing Global Education Opportunity. He chairs the Advisory Board of the Catalyst Foundation

Can a “No-Deal” Brexit Be Avoided?

EDINBURGH – It is a near-tragedy that the United States and the United Kingdom – the two countries most identified with long-established stable constitutional frameworks – are now ranked among the world’s most dysfunctional democracies. In the past, when Britain’s Parliament faced crises and appeared deadlocked, it proved capable of breaking the stalemate. Over two […]

Modi Mwatsama is Senior Science Lead in Food Systems, Nutrition, and Health at Wellcome’s Our Planet, Our Health. Howard Frumkin is Head of Wellcome’s Our Planet, Our Health. 

How to Eat to Save the World

LONDON – There is not a country in the world that is not grappling with the serious health and environmental consequences of their people’s diets. There has to be a better way to feed everyone well and sustainably. As it stands, roughly 820 million people worldwide lack sufficient food, and many more – often in […]