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Industrial Policy Is Back
Industrial Policy Is Back
Featured in this Big Picture
Michael R. Strain, Dani Rodrik, Réka Juhász, Nathan Lane, Joseph E. Stiglitz, Michael Spence, Mariana MazzucatoFrom semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?
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Ashoka Mody on Indian corruption, growth, jobs, and more
Ashoka Mody on Indian corruption, growth, jobs, and more
Ashoka Mody explains the roots of the lack of accountability in India, highlights shortcomings in human capital and gender equality, casts doubt on the country’s ability to assume a Chinese-style role in manufacturing, and more. -
Financing Our Survival
Financing Our Survival
Vera Songwe explains what it will take to mobilize capital for the net-zero transition worldwide. -
Where else…
can you read new insights from renowned economists, world leaders, and distinguished thinkers every day?
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The Roots of Polish Populism
The Roots of Polish Populism
Sławomir Sierakowski interviewed by Irena Grudzińska Gross about Law and Justice's electoral successes and hold on power on the eve of Poland's general election. -
Mónica Araya on electric vehicles, US climate policy, the EU-Mercosur trade deal, and more
Mónica Araya on electric vehicles, US climate policy, the EU-Mercosur trade deal, and more
Mónica Araya welcomes progress toward zero-emission transport, laments the fossil-fuel industry’s outsize influence over governments everywhere, argues that European climate action should be based on a people-centered political narrative, and more. -
India at Last?
India at Last?
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Shashi Tharoor, Milan Vaishnav, Ashoka Mody, Brahma Chellaney, Arvind Subramanian, Josh FelmanThroughout India’s G20 presidency, which culminates in this week’s summit in New Delhi, Prime Minister Narendra Modi’s government has orchestrated an unprecedented marketing campaign portraying the country as a global economic and diplomatic powerhouse. But, despite some favorable trends and impressive recent achievements, some believe that hype springs eternal.
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Chile’s 9/11, Fifty Years Later
Chile’s 9/11, Fifty Years Later
Sebastián Edwards offers a chronicle of the military coup and its morally complicated economic legacy. -
Whose AI Revolution?
Whose AI Revolution?
Anu Bradford refutes the argument that democratic governments cannot regulate artificial intelligence effectively. -
Teresa Ghilarducci on US debt, the retirement age, Social Security, and more
Teresa Ghilarducci on US debt, the retirement age, Social Security, and more
Teresa Ghilarducci considers what we should learn from the recent downgrade of America’s long-term credit rating, praises the Biden administration’s contributions to worker power, suggests how to tackle rising poverty among the elderly, and more. -
The Political Economy of Technology
The Political Economy of Technology
William H. Janeway considers the impact of technical advances and political power on socioeconomic outcomes over two centuries. -
Why Is China’s Economy Faltering?
Why Is China’s Economy Faltering?
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Takatoshi Ito, Nancy Qian, Yi Fuxian, Kenneth Rogoff, Stephen S. Roach, Richard Haass, James K. GalbraithEven as China’s growth miracle unfolded, many warned of a slowdown and cautioned that the country, like so many before it, could become ensnared in the middle-income trap, unable to claw its way to high-income status. With the real-estate sector in turmoil, youth unemployment skyrocketing, and growth slowing sharply, have the China pessimists been proved right?
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Will Donald Trump’s Indictments Have Economic Consequences?
Will Donald Trump’s Indictments Have Economic Consequences?
Featured in this Big Question
George Soros, Jeffrey Frankel, James K. Galbraith, Joseph E. Stiglitz, Lawrence H. Summers, Laura TysonReactions to Donald Trump’s criminal indictments have tended to focus on the implications for US democracy, and for good reason. But with George Soros warning that the cases against Trump could trigger a constitutional crisis, we asked PS commentators to assess the possible economic repercussions.
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How to Kill Chinese Dynamism
How to Kill Chinese Dynamism
Yasheng Huang thinks many have underestimated the key role that Hong Kong previously played in the country's growth story.
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PS OnPoint
Stayin’ Alive
Despite global emissions continuing to rise, scientists and some climate leaders insist that we can still keep the Paris climate agreement alive and limit global warming to 1.5°C. Doing so, however, will require an unprecedented deployment of new technologies, infrastructure, and financing on a global scale – starting immediately.
- Claudia Sahm The Other Game in Town
- Daniel Yergin The Age of Big Shovels
- Irfan Nooruddin The Truth About “India’s Moment”
- Peter Singer Paris and the Fate of the Earth
