Project Syndicate by business a.m.

By Michael Spence FORT LAUDERDALE – As one advances in age, one tends to mark each new year by reflecting on the broader developments

By David Sainsbury   LONDON – Over the last 25 years, the relative growth rates of the world’s major economies have changed

ByAndrés Velasco & Luis Felipe Céspedes     SANTIAGO – In Santiago, Chile, a massive graffito by the exit ramp of a

By Stephen S. Roach   NEW HAVEN – Predicting the next crisis – financial or economic – is a fool’s game. Yes, every crisis has

By Anatole Kaletsky   LONDON – Wars end when the belligerents give up fighting. The surest way for this to happen, and sometimes

By Mohamed A. El-Erian  

By Andrés Velasco   LONDON – How can we know if an economic policy is achieving its stated objective? Well, we can create two

By Cina Lawson   LOMÉ – The rise of digital pay-as-you-go (PAYGo) services in Africa is cause for celebration. By enabling

By Kaushik Basu   ITHACA – The unexpected financial crash of 2008, the persistence of the slowdown that occurred in its wake, the

By Joseph E. Stiglitz   NEW YORK – It’s clear: we are living beyond our planet’s limits. Unless we change something, the