Thursday , September 19 2019
Home / Project Syndicate

Project Syndicate

India’s Democratic Dictatorship

Under Prime Minister Narendra Modi, India’s character is being transformed by a government with no regard for institutions, understandings, and conventions maintained since independence. If this trend continues, India may well soon cease to be the country which Mahatma Gandhi struggled to free. NEW DELHI – Amid much fanfare, Indian Prime Minister Narendra Modi’s government has completed a hundred days of its second...

Read More »

Who Benefits from False Climate Solutions?

By distracting from real imperatives, unfeasible solutions to climate change, such as geoengineering, allow the climate crisis to continue to escalate, disproportionately affecting those who have contributed the least to the problem. The truth is that no technological silver bullet can save us from ourselves. MONTEVIDEO – In a recent special report, the Intergovernmental Panel on Climate Change (IPCC) argues that...

Read More »

Joining the Technological Frontiers

Financial analysts recognize the massive growth potential of artificial intelligence and biotechnology. But, if anything, the likely economic impact of these sectors is being underestimated, because few have reckoned with the implications of what will happen when they are combined. LONDON – Artificial intelligence (AI) and biotechnology are both on an exponential growth trajectory, with the potential to improve how we...

Read More »

The Amazon and You

Sovereignty entails obligations as well as rights, and where compliance cannot be induced, pressure must be applied. And though positive incentives to encourage and enable compliance would be preferable, Brazil's government is showing that there must be sticks where carrots are not enough. NEW YORK – Nearly everyone has seen the dramatic images of the Amazon ablaze. Tens of thousands of fires – intentionally started or...

Read More »

The Meritocracy Muddle

Populist resentment against "elites" is a recurring feature of modern democracy, owing to the fact that popular sovereignty is at odds with the careful management of increasingly complex economies. But what causes public discontent to explode at some times rather than others? Mark Bovens and Anchrit Wille, Diploma Democracy: The Rise of Political Meritocracy, Oxford University Press, 2017.Robert H. Frank, Success and...

Read More »

How Pooling Can Beat Stunting

People are the world’s most important resource, yet stunting in children limits human capabilities and reduces current investment in the future. Fortunately, the rapid growth of digital technologies means that millions of small individual financial donations can help to end this scourge. PARIS/LOMÉ – In many developing countries, women come together on a regular basis to contribute their earnings to a common pot....

Read More »

Will the IMF Finally Learn From Argentina?

Although evidence of the deficiencies in the International Monetary Fund's standard approach has been piling up for years, old habits evidently die hard. But now that Argentina is once again in trouble under the IMF's watch, the need for institutional self-reflection can no longer be ignored. SYDNEY – Argentina’s politically intractable foreign-debt crisis serves as a powerful reminder that the International Monetary...

Read More »

Getting Serious About the SDGs

Since adopting the Sustainable Development Goals in 2015, the “global community” has singularly failed to create the conditions needed to realize them. But by addressing three big problems in the international economic system, world leaders could yet help to put the SDGs back on track. NEW DELHI – At the United Nations General Assembly meetings in New York later this month, world leaders will discuss a host of important...

Read More »

Is Arab Unity Dead?

US President Donald Trump's disdain for multilateralism makes it even more likely that Arab governments will continue cooperating with regional allies on key issues rather than trying to reach a broader consensus within the Arab League and the Gulf Cooperation Council. And the already slim prospects for Arab unity will fade even further. BEIRUT – Historically, the task of promoting multilateralism in the Middle East has...

Read More »

The Clean-Energy Fast Track

One of the biggest questions for policymakers, investors, and ordinary citizens is whether the development and adoption of clean-energy technologies will take place slowly or rapidly. There is ample evidence to suggest that it will happen quickly, and that those beholden to fossil fuels will soon be throwing good money after bad. LONDON – The global transition from carbon-intensive fossil fuels to cleaner, more reliable...

Read More »