How Should We Respond to Lower Oil Prices?
The politics of raising fuel taxes and simultaneously giving American households an income tax break may be impractical, but the economic logic of doing so remains compelling. […]
Americas
That Absurd Fear of Stagnation
Seven years after the outbreak of the financial crisis, bad policies, deficient institutional arrangements, and the mistakes of the past are still tying some of the world’s largest economies down. […]
Will the global economy struggle in 2015?
Carnegie’s global experts assess the world in 2015. What can we expect and what will surprise us? What are the challenges and what are the opportunities? […]
The End of Convergence?
Convergence, the narrowing of the income gap between poor and rich countries, is one of the great stories of our time. A recent report shows that convergence has slowed in recent years, and that productivity in developing countries is not rising rapidly enough in key sectors. […]
TTIP and Third Countries: Multilateralization or Balkanization?
The Transatlantic Trade and Investment Partnership initiative is a grand plan for revitalizing economic growth and enhancing international competitiveness. While Brussels and Washington work to reach a deal, large numbers of interested third countries—even major EU and U.S. trade partners—are left out. […]
Brazil’s Economic Future
The prospects for Brazil’s economy will depend on the vigor with which the next government will pursue policies that remedy the problems that have so far held it back. […]
An Inconvenient Book
Thomas Piketty’s latest book is a masterpiece of historical and economic analysis, a book that, in ambition and originality, aspires to become an instant economic classic. […]
Emerging Markets Will Not Sink the World Economy
The difficulties of emerging nations are unlikely to become so severe as to endanger the global recovery. […]
How to Adapt for Tomorrow’s Jobs: An Open Letter to My Niece and Nephew
Today’s job market is more competitive, but it is also a market where there will be plenty of opportunities, especially in the international sphere. […]
365 Days of Unequal Growth
2014 will be a year of global economic recovery—but only for some. And the perception of economic stagnation may trump the reality of economic growth. […]