report October 25, 2021 Building an inclusive recovery in Latin America and the Caribbean WASHINGTON, DC – Global poverty rose last year for the first time since 1998 as the economic fallout of the COVID-19 pandemic pushed an additional 97 million people below the international threshold of $1.90 per day. At first glance, Latin America and the Caribbean (LAC) appears to have fared relatively well: three million newly poor people as a result... By Brookings Institute, Op-Ed Brookings Institute
report October 15, 2021 Cautious optimism on the road to Glasgow At the beginning of the summer, I noted how the climate-change narrative had changed in recent years, thanks to tremendous technological progress that has made green energy more competitive and often less costly than older carbon-based technologies. This is certainly true for new power investments, although for a while it will still be cheaper to produce electricity from older assets... By Brookings Institute, Op-Ed Brookings Institute
report September 28, 2021 US economic statecraft adrift as China seeks to join mega Asian trade deal China’s decision to formally seek to join the Comprehensive and Progressive Trans-pacific Partnership (CPTPP), the world’s most important Asian trade deal, presents the U.S. with an enormous set of economic and diplomatic challenges. China joining CPTPP would deal a significant blow to U.S. economic statecraft and further strengthen Chinese leadership in the Indo-Pacific. Taiwan’s recent announcement that it also... By Brookings Institute, Op-Ed Brookings Institute
report September 24, 2021 A new proposal for the G-20 to strengthen the global financial safety net Become a member to read the rest of this article Username or E-mail Password Remember Me Forgot Password... By Brookings Institute, Op-Ed Brookings Institute
report September 10, 2021 Biden’s two types of mulilateralism In April, U.S. President Joe Biden gathered 40 world leaders for a virtual summit on tackling the climate crisis. They included representatives of major emitting countries, such as Russian President Vladimir Putin and Chinese President Xi Jinping, as well as heads of states that are particularly vulnerable to the effects of climate change. Civil-society and business leaders also took part.... By Brookings Institute, Op-Ed Brookings Institute
report September 10, 2021 Africa must produce its own vaccines WASHINGTON, DC – During the pandemic, wealthy countries led the way in rapidly developing and producing COVID-19 vaccines. The same countries then bought up and administered those vaccines to their own populations, and have even ordered boosters for already-vaccinated people. Meanwhile, many developing countries have not been able to deliver even one dose to most of their populations. ... By Brookings Institute, Op-Ed Brookings Institute
report August 20, 2021 The COVID boom we could do without Before Covid-19, the value of mergers and acquisitions in Australia hit its peak during the global financial crisis. More than $348 billion of deals were made in a single year as struggling companies were snapped up by their rivals. The trend has shown no signs of declining since the pandemic set in, with the 2020 figure topping $372 billion. Correcting... By Brookings Institute, Op-Ed Brookings Institute
report August 19, 2021 Markets don’t reward sustainable borrowers. Here’s a solution. The weight of research shows that businesses and households with good environmental credentials are also better borrowers. They are less likely to default on their loans and less likely to be late on their repayments.In a well-functioning market where these broader social and economic benefits were properly priced, these borrowers would get lower interest rates. When these loans were... By Brookings Institute, Op-Ed Brookings Institute
report August 11, 2021 The carbon price conundrum With less than three months until the United Nations climate change summit (COP26) in Glasgow in November, formal and informal discussions and pre-negotiations are now in full swing. A new U.S. administration recognizes the urgency of the situation, and there is much broader political support globally for ambitious climate policies. The world still has a chance to limit global... By Brookings Institute, Op-Ed Brookings Institute
report July 26, 2021 The changing map of economics The International Economic Association’s triennial World Congress has long been one of the most important global gatherings of economists, owing to its success in bringing together researchers and policymakers from the poorest to the wealthiest corners of the world. The 19th edition of the event earlier this month, albeit held via Zoom instead of in person, was no exception. One... By Brookings Institute, Op-Ed Brookings Institute
