My take on the issues that will shape the agenda for 2022, from Covid & inflation, to geopolitics, globalisation, & climate change (& more)
High inflation is a deeply political as well as economic process, redistributing income across the economy – from negative real wage growth to more…
20 years on from China’s WTO accession, we have likely reached the high water mark of China’s global engagement – with deep consequences for the world…
Economics shapes geopolitical relations, notably with China. But many countries are increasingly rebalancing between economics & politics.
The globalisation debate offers lessons on what to do (and what not to do) in climate change policy: address the domestic politics of the transition
Beyond near-term inflation concerns, policy should focus on managing price pressures from structural changes in labour markets & globalisation - and net…
International institutions have been challenged for some time, but pressures are building. New, flexible platforms are emerging in response.
Six months on from the grounding of a super-sized container ship, the financial stresses of China’s largest property developer create cause another…
As we wait for a post-Covid world to arrive, we may need to adjust our expectations. And some countries will need to adjust their approaches for new…
The scale & duration of the Covid shock has led to structural changes in policy & business models: a post-Covid reset is more likely than mean reversion
The nature of the US withdrawal from Afghanistan reminds of the unilateral withdrawal from the Bretton Woods arrangements 50 years ago. Big powers act…
As the IPCC warns on global climate change, the lessons from managing Covid provide a perspective on the likely policy response.