Commentary / World Jul 13, 2023
Russia and the long shadow of Versailles
Garnishing Russia’s frozen assets to help finance Ukraine's reconstruction would give the Kremlin a powerful propaganda tool with which to paint Russia as the victim.
Commentary / World Jun 22, 2023
Making development bank lending safe for poor countries
The Macron Summit on global financing will seek to enhance fragile economies’ access to the funds needed to cope with development challenges.
Commentary / World May 15, 2023
Winners and losers in the artificial intelligence arms race
Technological change always creates winners and losers, but artificial intelligence such as ChatGPT has the potential to create more of the former than the latter.
Commentary / World May 4, 2023
The SVB debacle and a bank 'murder mystery'
As long as there are banks, there will always have bank failures, which is why regulators are needed to draw the right lessons from the SVB debacle.
Commentary / World Mar 26, 2023
What it will take to reshape the global monetary order
Why isn't diversification from the U.S. dollar toward the Chinese yuan visible in data on foreign reserves and international payments?
Commentary / World Jan 23, 2023
ChatGPT and sympathy for the algorithm
The year 2022 will be seen as when artificial intelligence gained street credibility with the release of ChatGPT, a new AI chatbot.
Commentary / World Nov 21, 2022
Who should coordinate Ukrainian reconstruction?
The more entities involved in reconstructing Ukraine the better. The effort cannot be financed by a single or even a small handful of sources.
Commentary / World Jul 13, 2022
Boris Johnson leaves behind a sterling mess
Investors appear to view the British pound more like the currency of a troubled emerging market than of a stable advanced economy.
Commentary / World Jun 17, 2022
Economic consequences of a Ukraine peace
It seems wrong to ask the U.S. and Europe to repair what Russia has broken. So, it is tempting to suggest that Ukraine’s reconstruction should be financed by garnishing Russian assets.
Commentary / World May 13, 2022
Shaping a Marshall Plan for the rebuilding of Ukraine
The Marshall Plan provided Europe with the funds not only to rebuild itself, but also to leapfrog a generation technologically. Ukraine’s reconstruction offers a similar opportunity.