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Martin WolfFinancial Times |
An ECB interest rate cut soon would make sense but the Fed faces a more difficult call in the US
Short-term performance has been surprisingly good but policymakers are walking on eggshells
There are four clear ways to fix the current economic mess
Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic
All the evidence shows that despotism cannot consistently deliver the economic goods for developing countries
Their plans should not make things worse. But can they make them better?
The 1920s and 1930s were different times but a core of traditional attitudes persists
Handing Vladimir Putin an unearned and undeserved victory will only hurt the US
The bigger the challenges the UK faces in restoring its fortunes, the more timid politicians seem to become
The question of whether Xi-ism is killing Deng-ism is growing
The old budgetary theatre will not help improve the dire performance of the UK economy
Beijing must dare to choose radical remedies to deal with them
The UK is caught in a vicious downward spiral at a time when it needs bold leadership and imaginative policy
Western countries have the resources but now must display the will to ensure Russia does not prevail
Fragilities in the global economic system are real and must be confronted
Addressing the UK’s challenges requires more than the performative politics of populist leaders
From demography to technology, we must pay attention to the forces that will certainly shape our future
Freedom is under threat in the west and elsewhere, but it must be defended
The rate at which extreme poverty is falling has slowed alarmingly — the rich world needs to act
The country has for too long settled for managing stagnation
The sensible approach for the UK is to seek a closer and more co-operative relationship with Brussels
Without a solution, it will be impossible to solve the country’s other social and political problems
America and its allies remain more united and economically powerful than Beijing’s group of malcontents
The chancellor would benefit from a system with fewer fiscal events, and more focus on policy
The real problem the chancellor faces is the poor performance of the economy in the long run
Public debt in high-income countries has reached elevated levels
As inflation eases, central banks now find themselves at the most difficult point in the policymaking cycle
Were he to return to the White House, the implications for the US, its allies and the global economy are sure to be profound
How the conflict unfolds will have implications for a global economy already battered by a series of shocks
Decades of failure have led to profound geographical inequality in the UK
Abroad Beijing must manage rising hostility, while at home it wrestles with the relationship between communism and capitalism
Multilateral development banks are a valuable tool — but they need a radical overhaul and we must learn to use them
Pension and insurance companies have dumped UK equities, reducing the ability of companies to raise capital and expand
Convergence between rich and poor countries is stalling and more challenges lie ahead
As things stand, a declining population is set to slow the growth of the economy
Errors in hitting central bank goals are likely to be asymmetric with a drift upwards that leads to recession
Income needs to accrue to those who will spend it — but this will require redistribution on a significant scale
Yes, there are deep structural problems in the economy, but this is also a country with significant strengths
The UK faces multiple challenges, while the public finances are far from robust
Transforming the scale and nature of finance for development and the environment is essential
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