BRUSSELS – As the world’s financial elite converges on Washington, DC, for the annual meetings of the International Monetary Fund and the World Bank, they cannot escape yet another clarion call to reverse the retreat of globalization. Faltering trade, it is assumed, must be an adverse trend that needs to be addressed. But the assumption is simplistic, at best.
BERLIN – This year and next, voters in leading Western democracies will make decisions that could fundamentally change the West – and the world – as we have known it for decades. In fact, some of these decisions have already been made, the main example being the United Kingdom’s vote in June to leave the European Union.
GRENADA– With physicians already scarce worldwide, demand for foreign-born doctors in the United States and the United Kingdom is stretching developing and middle-income countries’ medical resources to the breaking point. In the US, for example, the shortfall of physicians could grow to nearly 95,000 by 2025, equivalent to 43% of all doctors working today.
NEW YORK – Understanding the future of work is difficult, if not impossible. According to the MacArthur Foundation, 65% of today’s schoolchildren will eventually be employed in jobs that don’texist yet.
PRINCETON – Evidence that globalization is reversing continues to pile up: trade and international capital flows are sluggish, and migration is increasingly being restricted. These trends emerged in the aftermath of the 2008 financial crisis, so they can’t be blamed on a new populist backlash against globalization. Rather, their source can be traced to national authorities’ failure to take the logic of globalization seriously.
KABUL –The Brussels Conference on Afghanistanthis week marks an important opportunity to create a roadmap for the country’s future. While Afghanistan’s current path has led to some progress, it is far from the most direct route to prosperity – not least because of deep flaws in aid delivery and domestic governance.
PARIS – In many countries, where you live tends to be an accurate predictor of what or whom you are voting for. This was most evident in the maps of the electoral geography of voting for “Leave” and “Remain” in the United Kingdom’s June referendum on European Union membership. A similar pattern can be found in the distribution of votes in the 2012 US presidential election or in French support for Marine Le Pen’s National Front in the 2015 regional elections. It is very likely to be found in the United States’ upcoming presidential election. Many citizens live in places where a large share of their neighbors vote the same way they do.
WASHINGTON, DC – Many people around the world are probably wondering why Hillary Clinton – who is obviously more prepared and better suited for the American presidency than her opponent, Donald Trump – isn’t waltzing to victory. Many Americans share the world’s bewilderment.
LONDON – “Never let a crisis go to waste” has always been one of the European Union’s guiding principles.But what about five simultaneous crises? Today, the EU faces what FransTimmermans, European Commission Vice President, describes as a “multi-crisis”: Brexit,refugee flows,fiscal austerity,geopolitical threats from East and South, and “illiberal democracy” in central Europe.Rather than wasting its crises,the EUcould be laid to waste by them.
NEW YORK –In less than 50 days, we will know who the next president of the United States will be. Though Democratic candidate Hillary Clinton has a lead in national opinion polls, it has narrowed to a near-tie, meaning that her Republican opponent, Donald Trump, could well triumph. Indeed, US observers are now examining what a President Trump’s first 100 days in office would entail. It’s not pretty.