Since the Great Recession, macroeconomists have been debating the alleged breakdown of the relationship between inflation and the output gap – also known as the Phillips curve.

Jesper Lindé and Mathias Trabandt · VoxEU 06 Dec 2019

Global Governance

Gaps in global governance are holding back the world’s economy. Here's how

The current system of governance needs to evolve to meet challenges posed by today’s economic realities, argues Yaroslav Lissovolik, of the Valdai Discussion Club

Valdai Discussion Club 02 Dec 2019

Corporate Governance

Davos Manifesto 1973: A Code of Ethics for Business Leaders

In the early days of the World Economic Forum, Klaus Schwab launched a code of ethics for business leaders worldwide.

Klaus Schwab 02 Dec 2019

Corporate Governance

Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution

The Davos Manifesto is the World Economic Forum's view of 'stakeholder capitalism'.

Klaus Schwab 02 Dec 2019

Corporate Governance

Why we need the 'Davos Manifesto' for a better kind of capitalism

The Davos Manifesto is the World Economic Forum's view of 'stakeholder capitalism' and the best response to today's social and environmental challenges.

Klaus Schwab · Project Syndicate 01 Dec 2019

Global Economic Imbalances

Which countries tax their citizens the most?

In 2019, the highest income earners in Sweden pay a whopping 57.19%, more than anywhere else in the world.

Brigitte Van de Pas · Statista 11 Nov 2019

Global Economic Imbalances

This is what you need to know about the Regional Comprehensive Economic Partnership

From lowering tariffs to reducing layers of bureaucracy on exports within the bloc, the deal is set to have a significant impact on the global economy.

Matthew Tostevin · Reuters 06 Nov 2019

United States

The true cost of the US opioid epidemic is much bigger than you think

The federal government has been recording the number of deaths throughout the US opioid crisis and at least 400,000 Americans have died since 2000.

Niall McCarthy · Statista 31 Oct 2019

China

Exploring the anti-globalization bias and the public policy it creates

The globalization debate is often tinged with nationalism, self-interest, and lack of economic understanding, resulting in misguided public policies. Redressing the negative bias in the d...

Shang-Jin Wei · Project Syndicate 30 Oct 2019

Global Economic Imbalances

Economics is missing some key data – here’s how we can plug the gaps

Structural differences between the US and UK's financial systems point to areas where better measurement is needed.

Anil Kashyap and Benjamin King · VoxEU 29 Oct 2019

SDG 08: Decent Work and Economic Growth

How can we explain Asia’s spectacular economic rise?

By 2016 Asia accounted for 30% of world income, 40% of world manufacturing, and more than a third of world trade, while its income per capita converged towards the world average. So what'...

Deepak Nayyar · The Conversation 25 Oct 2019

Future of Economic Progress

Tariffs and monetary policy: A toxic mix

The escalating tariffs are having a mounting impact on global trade volumes, industrial production, capital formation and the tactic of relying exclusively on barriers to trade and protec...

Michael Bordo and Mickey Levy · VoxEU 21 Oct 2019