Viewpoint
Returning to investment
Conventional wisdom holds that household savings will flow to companies that can best put the money to productive use.
From the CIA to the GFE
The cost of failing to create decent jobs through decent schooling is political instability, mass migration to the US (from Central America and the Caribbean) and Europe (from the Middle East and Africa), and violence related to poverty, drugs, human trafficking, and ethnic conflict.
Direct democracy strikes again
In June, UK voters decided to take their country out of the EU, and now a narrow majority of Colombians have rejected a peace agreement with the FARC guerillas to end a half-century-long war.
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The holy grail of future work
As technology, globalization, and many other factors continue to redefine work, one constant will be the need for soft skills, or “skills for life.”
Secular stagnation or self-inflicted malaise?
Once prices and wages have fallen, new investors step in with new business ideas and establish new firms. After this “creative destruction,” a new phase of rapid expansion sets in, writes Hans-Werner Sinn.
The return of fiscal policy
Most advanced economies need to repair or replace crumbling infrastructure, a form of investment with higher returns than government bonds, especially today, when bond yields are extremely low, writes Nouriel Roubini.
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The human right that keeps on giving
Easy and safe access to quality education is not just a fundamental human right, but also an enabling right – essential for the exercise of all others.
Stopping the war on children
Children living in conflict zones are being targeted for violence on an unprecedented scale, despite their “protected” status under human-rights laws.
Who has space for renewables?
Indeed, some of the world’s most densely populated countries face a double disadvantage; they are often the most exposed to the adverse effects of climate change, and building low carbon economies may be more difficult, writes Adair Turner.
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No-brainer sustainable development
The current political climate in high-income countries doesn't bode well for the UN Sustainable Development Goals. Donor governments are unlikely to increase their foreign-aid outlays, which means policymakers will have to spend what money they have more wisely, writes Bjørn Lomborg.