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The Dollar Goes to War

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To many observers, America’s “weaponization” of the dollar against China, the European Union, and others looks like yet another example of President Donald Trump abusing his power. The question is whether anyone can – or will – do anything about it.

  1. GettyImages-118895948 CHUTE DU MUR BERLIN/Gamma-Rapho via Getty Images

    The Fall After the Wall

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    1. Kristen R. Ghodsee,
    2. Mitchell A. Orenstein,
    3. George Soros

    When the celebrations in Berlin 30 years ago brought down the curtain on the Cold War and on communism in Europe, Western-style liberal democracy seemed to have emerged victorious. But the rise of new (and older) political forces in post-communist Europe has left the triumphalist narrative in tatters.

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    The Taxman Cometh

    Although public support for more ambitious climate policies and an expanded safety net is growing in developed countries, implementing such measures means that taxes will go up. The question is whose, and how much political power they wield.

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    Global Africa?

    By the end of the century, Africa will be home to 40% of humanity, as well as many of the fastest-growing megacities in the world. But can the continent become a source of strength and stability within the world economy?

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    No Game in Town?

    Ever since advanced economies renounced fiscal stimulus in favor of austerity following the 2008 financial crisis, central banks have been the sole guardians of growth and macroeconomic stability. But now they are running out of firepower – as well as ideas.

  5. macron_putin_bp_GettyImages1152506522 Mikhail Klimentyev\TASS via Getty Images

    To Russia With Love

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    1. Ana Palacio

    French President Emmanuel Macron has launched a new round of diplomacy with the Kremlin after years of a deep freeze caused by Russia’s actions in Ukraine. With new leadership in both the European Union and Ukraine, is Russia ready to come back in from the cold?

  6. geoengineering_bp_GettyImages973103504 Arterra/Universal Images Group via Getty Images

    A Climate Silver Bullet?

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    1. David Keith,
    2. Ban Ki-moon,
    3. François Martel,
    4. Karin Nansen,
    5. Silvia Ribeiro,
    6. Barbara Unmüßig

    Many believe that cutting greenhouse-gas emissions won’t happen fast enough to prevent catastrophic climate change. But can we really engineer our way out of existential trouble, or is global warming an irreducibly political challenge requiring far-reaching social and economic change?

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    The Economists’ New Clothes?

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    1. Mark Cliffe,
    2. Diane Coyle,
    3. Ricardo Hausmann,
    4. Robert Skidelsky

    Financial investors like to say that when the tide goes out, one discovers who has been swimming naked. And a decade after the deepest financial crisis in nearly 80 years triggered the Great Recession, journalists, policymakers, and other academics are still pointing fingers at the economics profession.

  8. boris_coup_bp_Getty_Images Victoria Jones - WPA Pool/Getty Images

    A Very Boris Coup

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    1. Anatole Kaletsky,
    2. Nina L. Khrushcheva,
    3. Philippe Legrain,
    4. Chris Patten,
    5. Guy Verhofstadt

    Throwing both caution and democratic norms to the wind, British Prime Minister Boris Johnson has moved to block any parliamentary challenge to his Brexit agenda. Regardless of whether the country suffers a “hard” Brexit, its politics may already have been irreparably damaged.