1+ week, 3+ day ago  (15+ words) Arvind Subramanian rebuts the claim that the country’s mercantilist development model has short-changed consumers....

1+ mon, 3+ week ago  (130+ words) As AI advances, societies must consider how to strike a balance between the disruption caused by rapid productivity growth and its many benefits, including rising incomes and living standards. How Much AI-Driven Productivity Growth Do We Want? As AI advances,…...

1+ mon, 2+ week ago  (151+ words) Even if the US economy continues outperforming its peers, it will not necessarily remain insulated from the Iran war's adverse spillovers. Already, higher energy and borrowing costs are exacerbating. .. America Should Beware of Economic Hubris Even if the US economy…...

1+ mon, 2+ week ago  (155+ words) Keyu Jin assesses the 15th Five-Year Plan, the first to place higher domestic consumption at the top of the agenda. Can China Grow From Within? At a time of intensifying geopolitical volatility, China's embrace of a consumption-led model is not only…...

3+ mon, 5+ hour ago  (136+ words) ebnem Kalemli-zcan traces the damaging effects of US economic policy on the world's dominant reserve currency. Conflicting Policies, Confused Investors, and the Weak Dollar The United States" unique economic advantages " deep financial markets, a strong institutional framework, and the world's…...

3+ mon, 1+ week ago  (166+ words) Following aggressive lobbying by the Trump administration, more than 145 countries agreed to give big US multinationals a free pass under the global corporate minimum tax rules that were agreed in 2021. But if democracy is to prevail over oligarchy, policymakers must…...

3+ mon, 3+ week ago  (302+ words) Far from warning Donald Trump against undermining foreign investors" confidence in the US, his Treasury secretary is backing the president and downplaying the risks of a bond selloff. But markets are telling a different story. Scott Bessent Is in Denial…...

6+ mon, 1+ week ago  (262+ words) While the economic consensus for the US economy anticipates moderate, steady GDP growth and inflation heading toward 2%, the recent strength of both gold and tech stocks is a signal that investors should not ignore. One way or another, structural economic…...

4+ mon, 4+ week ago  (155+ words) In statistical terms, the coming year will offer a multi-modal distribution of possibilities: a plausible path of robust, AI-led growth sits in the middle, flanked by a productivity miracle on one side and a risk-laden, bond-market-led downside on the other....

5+ mon, 4+ week ago  (167+ words) Although most economists have issued dire warnings about the damage tariffs and other ill-advised policies would cause, the US economy's aggregate indicators have remained quite robust. Some of the costs may simply have been postponed, but rapid advances in AI…...