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Bosnia’s Next Crisis

Nationalist rivalries and rampant corruption continue to hold Bosnia and Herzegovina back. Now that it is in another deep political crisis, the international community must reconsider and clarify its own role, creating the conditions for Bosnian leaders finally to sit down and hash out the compromises needed to make the country work. STOCKHOLM – The Russian threat to Ukraine is not the only potential crisis in Eastern...

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A Pro-Family Agenda for America Starts in California

While policies to support families and address climate risks remain blocked at the federal level, California continues to forge ahead with these broadly popular agenda items. Should the Biden administration's signature Build Back Better Act fail to pass, America will need a progressive policy beacon more than ever. BERKELEY – As of early 2022, the fate of US President Joe Biden’s ambitious plan for delivering an...

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COVID Goes to Court

The stakes in the case of National Federation of Independent Businesses vs. OSHA were extraordinarily high. At issue when the US Supreme Court ruled on the legality of the Biden administration's workplace vaccine mandate was not just the future course of the pandemic but also the judiciary's own relevance and credibility. CAMBRIDGE – The coronavirus is everywhere: in the air, on surfaces, in our respiratory tracts,...

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­Regime Change in the Global Economy

After helping to drive decades of development and modernization in emerging economies, the twentieth-century economist W. Arthur Lewis's Nobel Prize-winning growth model can now be applied to the entire world. Unfortunately, what it shows is that we are heading into a period of deep uncertainty and supply-constrained growth. MILAN – In 1979, W. Arthur Lewis received the Nobel Prize in economics for his analysis of...

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What’s Left of Cambridge Economics?

AUSTIN – Diane Coyle, an economist and professor of public policy at the University of Cambridge, has set a daunting task for herself: to provide a reasoned critique of the economics discipline from an insider’s perspective, while defending mainstream economics from the harsh – and mounting – criticism leveled by outsiders. ­Regime Change in the Global Economy Ji Haixin/VCG via Getty...

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An Entrepreneur and a Swindler

For years, prosecutors have eschewed criminal cases against financial manipulators, and loose financial conditions have driven a desperate search for positive real returns. The situation was perfect for entrepreneurs like Elizabeth Holmes to raise funding for implausible ideas. CAMBRIDGE – The conviction of Elizabeth Holmes for fraud perpetrated as founder and CEO of Theranos has triggered intense debate about what the...

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What Biden Should Do on Trade

For more than 25 years, Project Syndicate has been guided by a simple credo: All people deserve access to a broad range of views by the world's foremost leaders and thinkers on the issues, events, and forces shaping their lives. At a time of unprecedented uncertainty, that mission is more important than ever – and we remain committed to fulfilling it. But there is no doubt that we, like so many other media organizations nowadays, are under growing strain. If you are in a...

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Cities and the Climate-Data Gap

With the devastating effects of climate change already bearing down on the world’s urban areas, ambitious decarbonization and adaptation promises from municipal leaders could not come soon enough. But making good on these commitments requires scaling up the tools for collecting and analyzing the right information. RIO DE JANEIRO – With cities facing disastrous climate stresses and shocks in the coming years, one would...

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A Bad Year for Markets?

After a remarkably strong performance in 2021, financial markets now seem to be coming to terms with the likelihood that fiscal and monetary policies will tighten in 2022. Though a bearish outlook may not yet be warranted, the possibility that equities could suffer a net-negative year must be taken seriously. LONDON – Last month, I identified what I saw as the big issues of 2022, noting that I could not recall a time...

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Why Kazakhstan Matters

Add to Bookmarks Jan 13, 2022 Kazakhstan’s Kremlin-friendly president called in Russian-led troops to help quell violent protests triggered by a government decree that doubled fuel prices. The protests forced the government to resign, but the country’s...

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