LONDON: The International Monetary Fund and the World Bank recently held their annual spring meetings, which, according to the organizers, produced a “strong message of confidence and a willingness to cooperate”. But lofty rhetoric and...
LONDON: As political theatre, it would be hard to beat US Senate Health, Education, Labour, and Pensions Committee Chairman Bernie Sanders’ recent grilling of Moderna CEO Stéphane Bancel, who was forced to explain why his company has...
LONDON: After leaders of government, business, and civil society met at this year’s World Economic Forum meeting in Davos, the observation that we are living in the age of a “polycrisis” has spread. The simultaneous occurrence of...
CAIRO: In recent weeks, several members of the Glasgow Financial Alliance on Net Zero (GFANZ) – a group of 450 financial institutions – have quit over concerns about the cost of delivering on their climate commitments. In dropping out,...
SANTIAGO: The war in Ukraine and the global cost-of-living crisis are hitting Latin America and the Caribbean (LAC) hard. Growth in the region, which rebounded impressively from COVID-19 to reach an average rate of 6.8 per cent in 2021, will fall...
LONDON: With much of the world facing unavoidable health, energy, cost-of-living, and climate challenges, progressive political leaders have an opportunity to articulate a meaningful alternative to traditional economic policymaking. That requires...
LONDON: The pandemic is not over. While the summer of 2022 is very different from the summer of 2020, because we now have vaccines, treatments, and a better understanding of the virus, it’s not enough. Every week, 15,000 people still die from...
LONDON – In last year’s Reith Lectures – the BBC’s annual radio series – former Bank of England Governor Mark Carney observes that, since the 2008 financial crisis, norms and institutions have increasingly been defined...
LONDON – COVID-19 has exposed the myriad weaknesses of modern capitalism. And in many countries, past cuts to social services and public health have amplified the damage wrought by the pandemic, while other self-inflicted wounds to the state...
