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    The Dilemmas of the Dollar

    Barry Eichengreen

    The dollar's strength, particularly against major Asian currencies, has triggered a wave of skittishness in financial markets. Can anything be done to stem the greenback's rise, and even if something can be done, should it?

     asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
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    A Turning Point for Clean Cooking

    Razan Khalifa Al Mubarak & Joseph Nganga

    The models are in place to achieve clean cooking for all, which would have enormous benefits for the climate, health, and gender equality. Now rich-country governments, the private sector, and international organizations must agree to provide the necessary funding at this week’s IEA Summit on Clean Cooking in Africa.

     urge global leaders to provide the financing to end a practice with dire effects for health and the climate.
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    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  4. matola2_Per-Anders PetterssonGetty Images_malawi cooking Per-Anders Pettersson/Getty Images
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    Clean Cooking Advances Women’s Empowerment

    Rachel Ruto outlines a gender-based strategy for improving energy access and reducing air pollution in Africa.
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    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.
  6. alemanno1_MARCEL VAN HOORNANPAFP via Getty Images_debate MARCEL VAN HOORN/ANP/AFP via Getty Images
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    Europe’s Non-European Elections

    Alberto Alemanno highlights structural flaws that impede the European Union’s ability to address its current and future challenges.
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    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
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    The US Treasury’s Bond Blunder Will Cost Gen Z Dearly

    Todd G. Buchholz & James Carter thinks the US should have locked in favorable borrowing rates when it had the chance.
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    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
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Latest

  1. The “Billions to Trillions” Charade
    ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images

    The “Billions to Trillions” Charade

    May 14, 2024 Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.

  2. Leveraging Islamic Finance for Sustainable and Resilient Infrastructure
    aljasser1_SEYLLOUAFP via Getty Images_dakarairport Seyllou/AFP via Getty Images

    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    May 14, 2024 Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.

  3. Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more
    GettyImages-1357300450

    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    May 14, 2024 Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.

  4. Europe’s Non-European Elections
    alemanno1_MARCEL VAN HOORNANPAFP via Getty Images_debate MARCEL VAN HOORN/ANP/AFP via Getty Images

    Europe’s Non-European Elections

    May 14, 2024 Alberto Alemanno highlights structural flaws that impede the European Union’s ability to address its current and future challenges.

  5. A Turning Point for Clean Cooking
    almubarak1_In Pictures Ltd.Corbis via Getty Images_africawomancooking In Pictures Ltd./Corbis via Getty Images

    A Turning Point for Clean Cooking

    May 14, 2024 Razan Khalifa Al Mubarak & Joseph Nganga urge global leaders to provide the financing to end a practice with dire effects for health and the climate.

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OnPoint is our suite of subscriber-exclusive content. Get long-read commentaries, thematic deep dives, interviews with world leaders, and much more. Learn more.  

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    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
  2. op_ang1_retrorocketGetty Images_corruption retrorocket/Getty Images
    Free to read
    0

    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
  3. op_rchowdhury1_Drew AngererGetty Images_modi Drew Angerer/Getty Images
    2

    India’s Despotic Election

    Debasish Roy Chowdhury explains how Prime Minister Narendra Modi has eroded democratic safeguards and stacked the deck in his favor.
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    Alison L. LaCroix on the US Supreme Court, immigration policy, federalism, and more

    Alison L. LaCroix explains why “originalist” methods of constitutional interpretation are deeply ahistorical, describes the zero-sum relationship between state and federal power in modern America, identifies possible historical analogues for the upcoming US presidential election, and more.
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    The Perils of Retirement in America

    Teresa Ghilarducci proposes a Grey New Deal that would boost economic security for all US workers in old age.
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    China’s Rebalancing Imperative

    Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.

“It is better to ask forgiveness than permission” has been the mantra of the digital revolution so far, and one should not expect that to change with artificial intelligence. For those already in a position to dominate this potentially groundbreaking sector, the opportunities are too enticing to miss.

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  1. kirtondarling1_Andreas RentzGetty Images_european green new deal Andreas Rentz/Getty Images
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    There Can Be No Business as Usual for European Industry

    Judith Kirton-Darling urges EU leaders to make a renewed Green Deal, backed by competitiveness-bolstering initiatives, a top priority.
  2. lshuo1_Ryan PyleCorbis via Getty Images_china coal Ryan Pyle/Corbis via Getty Images
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    Is Climate Action China’s Trump Card?

    Li Shuo & Lauri Myllyvirta explain why the country’s emissions-reduction plan for 2035 could accelerate the fight against global warming.
  3. nixonsaintil2_shark_749Getty Images_AIdataclimatecity shark_749/Getty Images
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    AI Holds the Key to Resilient Cities

    Justina Nixon-Saintil surveys the technology's foreseeable applications in promoting urban sustainable development.

Opinion that Moves

  1. Jayati Ghosh The “Billions to Trillions” Charade
  2. Muhammad Al Jasser Leveraging Islamic Finance for Sustainable and Resilient Infrastructure
  3. Qiyuan Xu Why the US Can’t Win the Trade War With China – and Shouldn’t Try
  4. Barry Eichengreen The Dilemmas of the Dollar

  1. Alberto Alemanno Europe’s Non-European Elections
  2. Slavoj Žižek Protests of Despair
  3. Shlomo Ben-Ami The Unbearable Lightness of Anti-Zionism
  4. Adekeye Adebajo Mandela’s Heirs Face Their Biggest Election Test

  1. Razan Khalifa Al Mubarak, et al. A Turning Point for Clean Cooking
  2. Gordon Brown Getting the Pandemic Treaty Across the Finish Line
  3. Manica Balasegaram Climate Change Is a Worse Health Threat Than We Think
  4. Ifeanyi M. Nsofor Governments Must Step Up to Prevent Cervical Cancer

  1. Judith Kirton-Darling There Can Be No Business as Usual for European Industry
  2. Silke Bollmohr, et al. Fertilizers Will Not Fix Africa’s Food Crisis
  3. Alessio Terzi, et al. Averting Climate Catastrophe Requires Economic Growth
  4. Li Shuo, et al. Is Climate Action China’s Trump Card?

  1. J. Bradford DeLong Musk Has Made Tesla a Meme Stock
  2. Andrew Sheng, et al. China Should Emulate Taiwan’s Tech Policies
  3. Mariana Mazzucato, et al. Central Banks in a Cashless World
  4. Peter G. Kirchschläger AI Needs UN Oversight

  1. Rachel Ruto Clean Cooking Advances Women’s Empowerment
  2. Lilja Dögg Alfreðsdóttir How to Close the Gender Wage Gap
  3. Peter Singer When Is Criticism of Israel Anti-Semitic?
  4. Ian Buruma The Privileged Gaza Protesters

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Rachel Ruto Clean Cooking Advances Women’s Empowerment
  2. Anne O. Krueger The Geopolitics of Africa’s Debt Crisis
  3. Jayati Ghosh The Key to Transforming African Health

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  2. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?
  3. Anya Schiffrin, et al. Quality Journalism Is More Important than Ever

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

  1. Gordon Brown Getting the Pandemic Treaty Across the Finish Line
  2. Rachel Glennerster The Pandemic Financing Developing Countries Need
  3. Mariana Mazzucato How to Save the Pandemic Treaty