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Venezuela’s hopes for a democratic transition are fading as the US works to take control of its vast oil wealth. Billions in US and foreign investment could strengthen the chavista regime and give future American presidents powerful incentives to preserve the political status quo.
AI is already concentrating enormous economic power and deepening existing inequalities, yet governments lack the institutions and expertise needed to govern it. They should establish an international AI body that can set standards and coordinate a collective response to threats no country can…
Climate shocks can disrupt services that millions of vulnerable people rely on, yet care is largely absent from adaptation plans and national funding estimates. Investing in climate-resilient care can prevent cascading health and economic crises while creating jobs and easing pressure on public…
For Seychelles and other countries across the Western Indian Ocean region, marine conservation is a fundamental component of national development. But the ocean observes no national borders, which makes international cooperation and common financing instruments essential.
With the global economy having weathered major trade and energy shocks over the past two years, growth should improve in 2027, and inflation should fall. Although various political and policy-driven risks could change the outlook, they remain less likely than the relatively benign baseline scenario.
Europe has built an economic framework that protects yesterday’s champions at the expense of tomorrow’s potential winners. To remain competitive, sovereign, and secure in the 21st century, it will need a new model geared toward promoting domestic innovation and commercialization at scale.
High debt levels become dangerous when rising interest rates push up borrowing costs and governments fail to respond. With little political appetite to rein in its federal deficit and ballooning debt, the United States risks finding itself with few options when the next war, recession, or financial…
In recent years, the OECD has strayed from its core mission of coordinating economic policy among the US and its allies, instead building programs around gender budgeting and environmental justice. The Trump administration should use its leverage at the organization to return its focus to economics…
The Kremlin is determined to isolate Ukraine, which means not only breaking the will of the country’s backers, but also cutting it off physically by striking merchant ships, ports, and border crossings. These assaults cannot go unanswered, because they embolden Russian President Vladimir Putin to…
Canadian Prime Minister Mark Carney has challenged the world’s middle powers to build a better international order. Yet they are increasingly turning to coalitions of the willing and a patchwork of separate initiatives that risk entrenching zero-sum mindsets and making collective action harder.
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