Economics & Finance

Enrique Krauze sees an opportunity to take the path not chosen after the Soviet Union’s collapse more than three decades ago.

Mohamed A. El-Erian warns that, despite its strengths, the economy will not remain insulated from the Iran war’s adverse spillovers.

Stephen S. Roach

China has never been an open society where ideas can be debated freely, save for one area: economic policy. But such engagement is no longer possible, reflected in the demise of the China Development Forum, which has morphed from a platform of true give-and-take into one cheerleading session after another.

laments government officials’ unwillingness to engage in frank and open policy discussions.

Michael Spence explains why single points of failure have proliferated in recent decades and considers how to boost resilience.

Anne O. Krueger laments that the “America First” trade agenda has destabilized the world order with little to show for it.

Michael R. Strain argues that the benefits of substantial gains would outweigh the costs in advanced economies.

Desmond Lachman explains why the country is particularly poorly positioned to weather a food- and energy-price shock.

Mariana Mazzucato wants governments to use the latest spike in fossil-fuel prices to put their economies on a new footing.