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  1. dervis104_NICHOLAS ROBERTSAFP via Getty Images_unitednationslogo Nicholas Roberts/AFP via Getty Images

    Hope for a New “UN Moment”

    Kemal Derviş

    When the United Nations celebrates its 75th anniversary this September, the US will still be misgoverned by a transactional president who has no interest in global rules. But if that rules out a rebirth of global multilateralism this fall, things could look very different next spring.

    sees a chance to renew multilateralism next spring, following the UN's 75th anniversary celebration this fall.
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    Capitalizing on Women’s Ventures

    Lilyana Pavlova

    Even though women-led businesses are more likely to yield market-beating returns, they are woefully neglected by venture capital firms, which are dominated by men. This translates directly into lost productivity gains and foregone innovation, starting in Europe.

    argues that the gender gap in financing for female-led enterprises implies huge opportunity costs.
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The Master and the Prodigy

William H. Janeway

With governments spending trillions of dollars amid the COVID-19 crisis, there is no better time to revisit the thinking of John Maynard Keynes and the people who influenced him. Recent books about the great economist and the young Cambridge genius Frank Ramsey offer the complete tour.

reviews recent books on Frank Ramsey, John Maynard Keynes, and a highly consequential meeting of minds.
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Onward, Big Tech Soldiers?

Featured in this Big Picture
  1. Graham Allison Graham Allison ,
  2. Joseph S. Nye, Jr. Joseph S. Nye, Jr. ,
  3. Jeffrey D. Sachs Jeffrey D. Sachs ,
  4. Eric Schmidt Eric Schmidt ,
  5. Shang-Jin Wei Shang-Jin Wei ,
  6. Ngaire Woods Ngaire Woods

US Secretary of State Mike Pompeo’s incendiary anti-China speech in late July provides a useful guide to the official thinking underlying the burgeoning Sino-American cold war. But Pompeo’s Christian millenarian worldview is not necessary to explain the two sides’ battle for technological supremacy.

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Europe Steps Up

Featured in this Big Picture
  1. Daniel Gros,
  2. Philippe Legrain,
  3. Christian Odendahl,
  4. Lucrezia Reichlin,
  5. Stephen S. Roach,
  6. Hans-Werner Sinn

European Union leaders have reached a landmark deal on a €750 billion ($867 billion) recovery fund intended to help those member states hit hardest by COVID-19. Next Generation EU, as the rescue package has been dubbed, could pave the way for the bloc to pursue far more ambitious reforms, and may boost Europe’s international standing, too.

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The African Century

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Press Released1

Press Released

Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more

covid_19_GettyImages_1209209421 Chung Sung-Jun/Getty Images

The COVID-19 Crisis

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