Articles in English

NEW DELHI – The World Bank’s Doing Business index has been both conceptually and operationally suspect since its inception in 2003, but mainstream economists have only recently started to criticize it. Although the Bank’s own recent acknowledgement of some of the problems is welcome, the index has already caused huge damage to developing countries, and it should be scrapped

14 сентября 2020 5 мин. 5411

The Uncertainty Pandemic

CAMBRIDGE – The next few months will tell us a lot about the shape of the coming global recovery. Despite ebullient stock markets, uncertainty about COVID-19 remains pervasive. Regardless of the pandemic’s course, therefore, the world’s struggle with the virus so far is likely to affect growth, employment, and politics for a very long time

11 сентября 2020 5 мин. 6595

Dow Jumps Over 400 Points As Tech Stocks Rebound

he market moved higher on Wednesday, as tech stocks recovered some of the losses that pushed the Nasdaq into correction territory a day earlier

10 сентября 2020 2 мин. 6396

Can The WTO Be Saved? Steps For A Non-Trade Moment

As the World Trade Organization selects a new director-general this month, the Geneva-based group will be faced with two acute challenges: There is not a great deal of support for trade, and there is even less support for the WTO

09 сентября 2020 5 мин. 5782

A Stable Euro Requires an Ambitious Industrial Policy

BARCELONA – The idea of a European industrial policy has been back on the agenda at least since the release of a Franco-German manifesto on the issue in early 2019. But whereas that document focused primarily on global competitiveness, an equally strong argument for reviving industrial policy is that it is necessary for the survival of the euro

08 сентября 2020 5 мин. 5265

‘Elon Musk Of China’ Regains Billionaire Status With 472% Stock Surge

William Li has rejoined the ranks of the world’s billionaires as shares of his electric-car startup NIO rallied 472% since late May this year. The gains mark a dramatic comeback for a company that had earlier been struggling to boost sales, causing Li’s wealth to drop precipitously