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    How G7 Leaders Can Unlock Financing for Africa

    William Ruto

    With many African countries trapped in perpetual cycles of debt, financing investment in sustainable development has become increasingly difficult, if not impossible. The situation demands that wealthy countries step up and offer debt relief and cancellation, in addition to more concessional and long-term financing.

    urges wealthy countries to help bring the global financial system into line with the developing world's needs.
  2. goldberg29_Justin SullivanGetty Images_electricvehicles Justin Sullivan/Getty Images

    The High Costs of the New US Tariffs on Chinese EVs

    Pinelopi Koujianou Goldberg

    Every time one set of protectionist measures against China disappoints, the United States escalates its economic war in the hope that additional restrictions will prove more effective. Yet by slapping massive tariffs on Chinese electric vehicles, America has laid bare its own hypocrisy and economic vulnerabilities.

    laments the Biden administration's embrace of costly, futile efforts to outcompete low-cost rivals.
  3. strain14_artificial intelligence drug development_ai Getty Images

    Don’t Believe the AI Hype

    Daron Acemoglu finds nothing to support widely cited assessments of the technology’s near-term potential.
  4. delong200_Chip Somodevilla_Getty Images Chip Somodevilla/Getty Images

    The Threat of Trumpflation and a Fed War

    J. Bradford DeLong thinks monetary hawks should be more worried about the return of a populist demagogue to the White House.
  5. chellaney175_ Kiyoshi Ota  PoolAnadolu Agency via Getty Images_QUAD Kiyoshi Ota / Pool/Anadolu Agency via Getty Images

    Is the Quad Becoming a Potemkin Alliance?

    Brahma Chellaney fears that US President Joe Biden’s conciliatory approach toward China is undermining Indo-Pacific security.
  6. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images
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    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
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    The Dilemmas of the Dollar

    Barry Eichengreen asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
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    Is China Too Old to Get Rich?

    Yi Fuxian explains why the country’s rising median age is at the root of its current malaise.
  9. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
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Latest

  1. Is the Quad Becoming a Potemkin Alliance?
    chellaney175_ Kiyoshi Ota  PoolAnadolu Agency via Getty Images_QUAD Kiyoshi Ota / Pool/Anadolu Agency via Getty Images

    Is the Quad Becoming a Potemkin Alliance?

    May 22, 2024 Brahma Chellaney fears that US President Joe Biden’s conciliatory approach toward China is undermining Indo-Pacific security.

  2. The High Costs of the New US Tariffs on Chinese EVs
    goldberg29_Justin SullivanGetty Images_electricvehicles Justin Sullivan/Getty Images

    The High Costs of the New US Tariffs on Chinese EVs

    May 22, 2024 Pinelopi Koujianou Goldberg laments the Biden administration's embrace of costly, futile efforts to outcompete low-cost rivals.

  3. How G7 Leaders Can Unlock Financing for Africa
    ruto4_LUIS TATOAFP via Getty Images_kenyafloods Luis Tato/AFP via Getty Images

    How G7 Leaders Can Unlock Financing for Africa

    May 22, 2024 William Ruto urges wealthy countries to help bring the global financial system into line with the developing world's needs.

  4. The Threat of Trumpflation and a Fed War
    delong200_Chip Somodevilla_Getty Images Chip Somodevilla/Getty Images

    The Threat of Trumpflation and a Fed War

    May 22, 2024 J. Bradford DeLong thinks monetary hawks should be more worried about the return of a populist demagogue to the White House.

  5. Is China Too Old to Get Rich?
    yi5_Kevin FrayerGetty Images_zero covid protest Chen Yihang/VCG via Getty Images

    Is China Too Old to Get Rich?

    May 22, 2024 Yi Fuxian explains why the country’s rising median age is at the root of its current malaise.

Trending

  1. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  2. GettyImages-1357300450

    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
  3. op_ang1_retrorocketGetty Images_corruption retrorocket/Getty Images

    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
  4. op_rchowdhury1_Drew AngererGetty Images_modi Drew Angerer/Getty Images

    India’s Despotic Election

    Debasish Roy Chowdhury explains how Prime Minister Narendra Modi has eroded democratic safeguards and stacked the deck in his favor.
  5. GettyImages-686248236

    Alison L. LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.
  6. op_ghilarducci1_Jeffrey GreenbergUniversal Images Group via Getty Images_USelderlyworker Jeffrey Greenberg/Universal Images Group via Getty Images

    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.

“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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  1. ruto4_LUIS TATOAFP via Getty Images_kenyafloods Luis Tato/AFP via Getty Images

    How G7 Leaders Can Unlock Financing for Africa

    William Ruto

    With many African countries trapped in perpetual cycles of debt, financing investment in sustainable development has become increasingly difficult, if not impossible. The situation demands that wealthy countries step up and offer debt relief and cancellation, in addition to more concessional and long-term financing.

    urges wealthy countries to help bring the global financial system into line with the developing world's needs.
  2. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  3. kirtondarling1_Andreas RentzGetty Images_european green new deal Andreas Rentz/Getty Images

    There Can Be No Business as Usual for European Industry

    Judith Kirton-Darling urges EU leaders to make a renewed Green Deal, backed by competitiveness-bolstering initiatives, a top priority.

Opinion that Moves

  1. Pinelopi Koujianou Goldberg The High Costs of the New US Tariffs on Chinese EVs
  2. J. Bradford DeLong The Threat of Trumpflation and a Fed War
  3. Yi Fuxian Is China Too Old to Get Rich?
  4. Carl Bildt The Dangerous Retreat into Protectionism

  1. Brahma Chellaney Is the Quad Becoming a Potemkin Alliance?
  2. Yuriy Gorodnichenko, et al. The Case for Ukraine’s NATO Accession
  3. Nina L. Khrushcheva The Fragile Fraternity of China and Russia
  4. Richard K. Sherwin King Trump on Trial

  1. Danjuma Adda A Big Step Forward for Liver Health
  2. Razan Khalifa Al Mubarak, et al. A Turning Point for Clean Cooking
  3. Gordon Brown Getting the Pandemic Treaty Across the Finish Line
  4. Manica Balasegaram Climate Change Is a Worse Health Threat Than We Think

  1. William Ruto How G7 Leaders Can Unlock Financing for Africa
  2. Francesco La Camera, et al. Only Public-Private Cooperation Can Accelerate Decarbonization
  3. Judith Kirton-Darling There Can Be No Business as Usual for European Industry
  4. Silke Bollmohr, et al. Fertilizers Will Not Fix Africa’s Food Crisis

  1. Daron Acemoglu Don’t Believe the AI Hype
  2. Michael R. Strain What the AI Pessimists Are Missing
  3. J. Bradford DeLong Musk Has Made Tesla a Meme Stock
  4. Andrew Sheng, et al. China Should Emulate Taiwan’s Tech Policies

  1. Rachel Ruto Clean Cooking Advances Women’s Empowerment
  2. Lilja Dögg Alfreðsdóttir How to Close the Gender Wage Gap
  3. Peter Singer When Is Criticism of Israel Anti-Semitic?
  4. Ian Buruma The Privileged Gaza Protesters

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

  1. William Ruto How G7 Leaders Can Unlock Financing for Africa
  2. Rachel Ruto Clean Cooking Advances Women’s Empowerment
  3. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis

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

  1. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  2. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  3. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

  1. Gordon Brown Getting the Pandemic Treaty Across the Finish Line
  2. Rachel Glennerster The Pandemic Financing Developing Countries Need
  3. Mariana Mazzucato How to Save the Pandemic Treaty