Recent Posts

India can’t replicate China’s path to power just by magic

There’s one clear favourite in the world’s biggest election, which runs for six weeks: incumbent Prime Minister Narendra Modi. Buoyed by his personal popularity, Modi’s ruling Bharatiya Janata Party isn’t even pretending to offer dramatic new programs if it returns to power. Its election manifesto, released earlier this week, was a relatively uninspiring document — a few populist promises to ...

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Now isn’t time for a Boeing-Airbus row

On April 8, the Trump administration decided that now is the moment to ratchet up a longstanding trade dispute between Boeing Co. and Airbus SE. The US is threatening to impose $11 billion of punitive tariffs on a range of European products from aircraft to cheese. The dispute is unrelated to the crash of two Boeing 737 Max aircraft – ...

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How populists can ruin a global growth recovery

There is a strange sound of relief coming out of the International Monetary Fund (IMF). The IMF has slashed its global growth forecasts to the lowest level since the financial crisis, but it also believes policy makers may have stepped in just in time to avoid a turn for the worse. Central bankers deserve credit for pausing on their long ...

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