We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Why Governments Should Not Wait for Godot

17 29 0

CAMBRIDGE – The scenario is all too familiar. A reformist government wants to boost economic growth and employment by implementing market-friendly reforms designed to make the country more attractive to (often foreign) investors. Policymakers understand that these investors possess the technological prowess, organizational capability, and market reach that the country desperately needs. Committees are created to improve the country’s performance in the World Bank’s Doing Business index, the World Economic Forum’s Global Competitiveness Report, or other beauty contests promoted by a sprawling array of international rankings.

  • How Truth Survived 2019 Isaac Lawrence/AFP via Getty Images

    How Truth Survived 2019

    Chris Patten salutes the endurance of old-fashioned honesty and political courage at the end of a troubling year.

    8 Add to Bookmarks

  • Trump Will Make China Great Again Getty Images

    Trump Will Make China Great Again

    Nouriel Roubini argues that the latest stopgap trade deal cannot paper over the two countries' widening strategic rivalry.

    20 Add to Bookmarks

  • PS Commentators' Best Reads in 2019 PS OnPoint Chun Shu/EyeEm/Getty Images

    PS Commentators' Best Reads in 2019

    PS editors

    Project Syndicate commentators have once again shared some of their favorite books from the past year. From economics, history, and biography to a mystery thriller and a collection of previously unpublished poems, all readers should find something of interest.

    0 Add to Bookmarks

  • Previous Next

    The reformist government overcomes grueling fights with legislators and civil society, who accuse it of putting investors’ interest ahead of those of its own people. But with perseverance, it successfully adopts reforms that improve the country’s rankings and gets glowing coverage in the international press.........

    © Project Syndicate