Many stagflationary megathreats over the medium-term horizon could push growth lower and inflation higher COMMENT | NOURIEL ROUBINI | Around this time a year ago, about 85% of economists and market analysts including me expected that the U.S. and global economy would suffer a recession. Falling but still-sticky inflation suggested that …
Read More »
Why policymakers shouldn’t emphasise minor changes in household consumption habits COMMENT | JOSHUA CASTELLINO | In March 1977, representatives from 116 countries gathered in Mar del Plata, Argentina, for the inaugural United Nations Water Conference. At the time, the event received very little attention. Global politics was dominated by a handful …
Read More »
Why geopolitics and not protectionism should be the worry for the future health of the world economy COMMENT | DANI RODRIK | “The era of free trade seems to be over. How will the world economy fare under protectionism?” This is one of the most common questions I hear nowadays. But …
Read More »
While a severe credit crunch has been avoided, a short and shallow recession has become likely COMMENT | NOURIEL ROUBINI | There are currently four scenarios for the global economic outlook. Three of these entail potentially serious risks with far-reaching implications for markets. The most positive is a “soft landing,” where …
Read More »
Can the world avoid annual global growth falling to a three-decade low of 2.2% and remain weak? COMMENT | KAUSHIK BASU | The Spring Meetings of the World Bank and International Monetary Fund usually provide a platform for various organisations, policymakers, and commentators to reflect on the state of the …
Read More »
Forward-looking vaccine research is key to fighting cholera and other life-threatening diseases. Kampala, Uganda | Charlie Weller | Despite numerous successful immunisation campaigns, global vaccine coverage has plateaued over the last decade. The COVID-19 pandemic caused major disruptions to routine and reactive vaccination programmes, alongside the impact of conflict and natural disasters …
Read More »
How countries around the world are grappling with challenges of too much water, too little water and too dirty water Kampala Uganda | RONALD MUSOKE | The first global meeting on water in almost five decades took place in New York on March 22-24 with a focus on rethinking new mechanisms …
Read More »
Despite recent globalisation in retreat narratives, worldwide supply flows suggest it is here to stay COMMENT | Olivia White & Jonathan Woetzel | Global trade still conjures images of giant container ships. But our world has changed. The transport of physical goods across borders is no longer the only, or even the …
Read More »
Geneva, Switzerland | Xinhua | The International Transfer Snapshot of January released by FIFA on Thursday confirmed the recovery of the global transfer market. A total of 4,387 international transfers in the men’s football hit a new high in January after the Transfer Matching System was introduced in 2010. This is the …
Read More »
Rome, Italy | Xinhua | Pushed by higher energy and fertilizer prices stemming from the ongoing conflict between Russia and Ukraine, global food prices were 14.3 percent higher in 2022 than a year earlier, the Rome-based United Nations Food and Agriculture Organization (FAO) said on Friday. In 2022, the FAO’s sub-indexes show …
Read More »
The Independent Uganda: You get the Truth we Pay the Price