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Business in Times of Corona: The Lure of Rustbelts When Lean Is No Longer Mean

During their short lifetime, shrimp barely migrate. Aided by a snap of their tail and the tidal currents, the crustaceans may cover a distance of perhaps a few thousand meters in a day. However, once caught, shrimp become a migrating

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Business in Times of Corona: Time to Make America Great Again

The corona pandemic rapidly engulfing the world has led to a sudden reversal in the plight of the nation state as a concept. Rescued from well-deserved oblivion, even smaller countries that have traditionally embraced multilateralism as the only viable way

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Business in Times of Corona: World Bank and IMF Ready to Assist Low- and Middle-Income Countries

As concerns grow over the impact of the pandemic on less resilient economies, multilaterals such as the World Bank Group (WBG) and the International Monetary Fund (IMF) are readying and deploying emergency response packages. Earlier this week, Kenya received a

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Coronavirus Fears Put Stocks in Correction Territory

After the U.S. stock market had been largely unaffected by the coronavirus outbreak in China, things took a turn for the worse as the virus started spreading outside of China. A broad market sell-off led by technology and airline stocks has lasted

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Ana Palacio: Europe on a Geopolitical Fault Line

Two months ago, in his address to the United Nations General Assembly, UN Secretary-General António Guterres expressed his fear that a “Great Fracture” could split the international order into two “separate and competing worlds,” one dominated by the United States

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Jim O’Neill: The Return of Fiscal Policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges. There are plenty of issues to keep one up at night, be it climate change, antimicrobial

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Malpass Shows Pragmatism and Relevant Smarts in his New Role

Some critics see the nomination and election of the new president of the World Bank, David Malpass, as a continuation of the Trump administration’s stance on multilateral institutions and China. David Malpass saw President Donald Trump as an agent of

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PwC: CEOs’ Confidence in Business Growth Dips as Global Economy Seen to Falter

CEOs around the world are less optimistic about the strength of the global economy than they were a year ago – and less sure of their organisations’ ability to grow revenues in the short and the medium term. Those chief

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Narendra Modi: Giving India Its Due

He definitely is the man of the moment. The establishment may disagree, but Prime Minister Narendra Modi of India sprang a surprise on his political opponents who had earlier dismissed him as a knee-jerk populist, peddling simplistic solutions to complex

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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures

China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as

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