international analysis and commentary
Browsing Category

A complex climate

Financing sustainable development

Covid-19 has very been expensive in terms of budgets as well as lives. Rich countries have rightly ramped up their budgetary spending – and budget deficits – to keep their populations afloat and to spur a post-pandemic recovery. They have…

Do the right thing

“Americans can always be counted on to do the right thing”, Winston Churchill supposedly once remarked. “After they’ve tried all the other alternatives.” Whether Churchill ever in fact said this (the evidence is “no”), it is even more…

World trade, inflation and global growth

The recovery of the world economy in 2021 has been more sustained than previously expected thanks primarily to the positive outcome of the current vaccination campaigns in many large, advanced countries. This has made it possible to…