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Pierre-Olivier Gourinchas

Pierre-Olivier Gourinchas

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Pierre-Olivier Gourinchas is Professor of Economics at the University of California, Berkeley and a visiting professor at Princeton University. 

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  1. The Necessity of a Global Debt Standstill that Works
    hsieh2_ERIC BARADATAFP via Getty Images_worldbankbuildinglogo Eric Baradat/AFP via Getty Images

    The Necessity of a Global Debt Standstill that Works

    Apr 23, 2020 Patrick Bolton, et al. say any repayment freeze to help emerging economies withstand COVID-19 must include all private creditors.

  2. The COVID-19 Default Time Bomb
    gourinchas1_ALFREDO ESTRELLAAFP via Getty Images_mexicocoronaviruslockdownquarantine Alfredo Estrella/AFP via Getty Images

    The COVID-19 Default Time Bomb

    Apr 9, 2020 Pierre-Olivier Gourinchas & Chang-Tai Hsieh call for a comprehensive debt moratorium to free up funds for developing countries to fight the pandemic.

  1. surui1_ Juancho TorresAnadolu Agency via Getty Images)_biodiversity Juancho Torres/Anadolu Agency via Getty Images

    Making Biodiversity Credits Work

    Almir Narayamoga Suruí & Simon Zadek suggest how to realize the potential of this innovative mechanism for financing nature conservation.
  2. sierakowski111_Omar MarquesGetty Images_donaldtusk Omar Marques/Getty Images

    Polish Democracy’s Winter of Discontent

    Sławomir Sierakowski explains why enthusiasm for the country’s ruling coalition has waned over the past year.
  3. cferguson2_Uwe Anspachpicture alliance via Getty Images_remote work Uwe Anspach/picture alliance via Getty Images

    What Remote Work Can Do for Global Development

    Charles Ferguson points out that the decoupling of economic activity from geographic location has only just begun.
  4. zizek38_HANNAH MCKAYPOOLAFP via Getty Images_macron HANNAH MCKAY/POOL/AFP via Getty Images

    Saving Democracy from Itself

    Slavoj Žižek applauds French President Emmanuel Macron’s maneuvering to keep the far right at bay.
  5. khrushcheva186_ CHANDAN KHANNAAFP via Getty Images_border patrol Office of Inspector General/Department of Homeland Security via Getty Images

    First Trump Came for the Immigrants

    Nina L. Khrushcheva warns that mass deportations will carry high costs, not just for the economy, but for America’s soul.
  6. op_batista1_BRENDAN SMIALOWSKIAFP via Getty Images_georgievaIMF Brendan Smialowski/AFP via Getty Images

    Will the IMF Survive to 100?

    Paulo Nogueira Batista, Jr. & Robert H. Wade

    The World Trade Organization's precipitous decline into irrelevance should serve as a warning to the International Monetary Fund's shareholder governments, its management, and everyone who values multilateral economic cooperation. In a rapidly changing world, global institutions must reform or die.

    propose incremental changes to keep developing and emerging economies on board and engaged.
  7. merz1_Chris Emil Janßen - PoolGetty Images_biden eu Chris Emil Janßen - Pool/Getty Images

    European Security Cannot Be Found in the Past

    Friedrich Merz

    The old Europe of the Cold War sought comfort in the past and confidence in the solitary US leadership that defined the era. Unfortunately, when it comes to its own security, Europe seemingly remains in a time warp, stuck somewhere before 1989.

    laments that nostalgia for US leadership unites a continent that must define the decisive action needed now.
  8. desalegn2_Gabriel AponteGetty Images_cop16 Gabriel Aponte/Getty Images

    The Biodiversity Crisis Is a Security Crisis

    Hailemariam Desalegn urges governments to recognize that the degradation of ecosystems poses a major threat to global stability.
  9. campanella29_ John MooreGetty Images_voting John Moore/Getty Images

    The US Election and the Crisis of Whiteness

    Edoardo Campanella sees long-term demographic trends driving the country’s increasingly divisive politics.

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