Project Syndicate by business a.m.

CAMBRIDGE—In 2023, the University of Chicago economists Chang-Tai Hsieh and Esteban Rossi-Hansberg published a study showing that services in the United States were undergoing...

NEW HAVEN—Intervening in financial markets is a fool's game. And yet many seem incapable of internalizing that lesson. So it...

LONDON—Over the long sweep of history, three forces have driven humanity's greatest transformations, for good and ill: disease, war, and...

PHILADELPHIA—For decades, companies, investors, and policymakers operated on the comforting assumption that the global economy was underpinned by a relatively...

LIBREVILLE/LOS ANGELES—Africa is facing one of the world's great energy windfalls. The continent holds roughly 125 billion barrels of confirmed oil reserves...

NEW DELHI—This week, delegates from around the world will gather in New York to negotiate the proposed United Nations Framework Convention...

TOWNSHEND, VERMONT—Three prominent economists, Peter Ireland, Stephen Miran, and Nouriel Roubini, have just published a paper intended to influence Kevin Warsh, the new chair...

ABUJA—Global health financing has long reflected good intentions but flawed incentives, with donor countries setting priorities and recipient governments learning...

NEW DELHI—During the seven years I served as chief economic adviser to the government of India and as chief economist...

GENEVA—Ever since the discovery of previously undisclosed liabilities revealed the true size of Senegal's public debt, the country's political debate has revolved...