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Will the BRICS Ever Grow Up?

Having created the BRIC acronym to capture the collective potential of Brazil, Russia, India, and China to influence the world

America’s Flawed State-Building Enterprise

“Afghanistan was the ultimate nation-building mission,” former US President George W. Bush wrote in his 2010 memoir. “We had liberated

Financing a Sustainable Global Food System

The global food system is unsustainable. While it is worth approximately $8 trillion annually, its negative impact is valued at

The Economic Risks of Pandexit

People have been using “exit” as a suffix for a decade or so. Grexit, referring to a potential Greek departure

Learning the Right Lessons from US Economic Experimentation

The economic-policy conversation in the United States has been thoroughly transformed within the space of just a few years. Neoliberalism,

Countering the Islamist Threat

The Taliban are part of the global movement of radical Islam. The movement contains many different groups, but they share

A Wrong Turn for World Bank Concessional Lending

The International Development Association is the part of the World Bank that is meant to help the world’s poorest countries.

Updating the Global Refugee Regime

The debacle in Afghanistan has rekindled the global debate over how to manage refugee flows. There is widespread concern that

Data Privacy Chinese-Style

China has just passed a major data-privacy law. Inspired by the European Union’s General Data Protection Regulation, China’s Personal Information

The Afghan Tragedy and the Age of Unpeace

The images of desperate Afghans scaling the perimeter fence at Kabul’s airport in an attempt to flee Taliban rule provide

The Olympic-Size Difference Between India and China

The Tokyo Olympic Games are over, and the Japanese people and government have heaved a sigh of relief that the

Will Biden Make a Historic Mistake at the Fed?

In 1987, Alan Greenspan was appointed by Republican President Ronald Reagan to chair the US Federal Reserve Board of Governors,

Europe’s New Refugee Crisis

The humanitarian crisis in Afghanistan has already deepened conflicts elsewhere, including Europe, where a confrontation is escalating between Belarus and

Can Economics Keep Up?

When the sitar maestro Ravi Shankar and Nobel laureate economist Amartya Sen received the Bharat Ratna, India’s highest civilian award,

How Paradigm Blindness Leads to Bad Policy

We live in an age of systemic gridlock, policy chaos, and sudden-shock failures. How is it possible that Afghan security

Mind the Mind Gap

Over the past 60 years, some development gaps across countries have narrowed impressively. But others have persisted. And one has

A Dose of Eurorealism

The narrative is becoming a trope: the United States and China are locked in a battle for global supremacy in

The Pandemic’s Impact on China’s Growth Prospects

In the second quarter of 2021, China’s GDP grew by 7.9% year on year. That was a relatively strong performance,

A World of Heat and Headwinds

As recently as three months ago, the global economy seemed to be on track for a relatively robust recovery. The

Pandemics and Progress

No one would want to repeat the past 18 months. COVID-19, climate change, and global political developments have left tens