Public Policy

Shang-Jin Wei explains how India can turn recent setbacks into opportunities and extend its growth miracle

Despite growing signs of inflation rising and strongish labour markets, the RBA has held its cash rate target at 3.6% as widely expected

Tim Congdon highlights the challenges facing statisticians as opaque transactions erode trust in official data

Lee Jong-Wha asks how South Korea with the world's lowest fertility rate can avert demographic collapse

Michael Strain argues that US interest rate cuts this year will have to be reversed in 2026 as inflation re-accelerates

IMF analysis shows a decline in private lending offsets increases in public borrowing; notable differences persist across countries and income groups

Nirupama Rao explains why India is increasingly anxious about political stability in neighboring countries

Koichi Hamada cannot see US leadership recovering from Donald Trump's bullying of trade partners

Daniel Gros points out that even US import demand seems to be withstanding the introduction of tariffs

Lili Yan Ing urges policymakers in Indonesia to cut waste, strengthen oversight, and ensure fair access to jobs and security to prevent an uncontrollable populist explosion

Raghuram Rajan concludes that neither the United States nor the European Union gets the balance of AI regulation quite right

Slow productivity growth is now recognised as not requiring tight monetary policy to keep demand in check. But Luci Ellis asks what if tight monetary (and other) policies make productivity worse?

Ian Bremmer expects the next wave of technological innovation to favour closed, consolidated political systems

Ross Stitt previews the upcoming Australian national economic roundtable and wonders if expectations have been set too high, whether its a Pandora's box they may regret

After the July misfire, the Australian central bank cuts its cash rate target by -25 bps to 3.60%. Markets price in two more similar cuts by years end, and another in early 2026

Yi Fuxian draws parallels between the Roman empire's missteps and the Chinese government's efforts to avoid a similar fate

If tax reform is the answer, it is hard to see how boosting productivity growth was the question. Other initiatives are likely to be more important, says Luci Ellis

Nancy Qian highlights the economic, social, and political risks raised by China's collapsing fertility rates

Stephen Roach thinks the outcome of the AI race between China and the US will likely come down to which government invests more in basic theoretical research

Zongyuan Zoe Liu explains how the US administration's erratic tariff theatrics have given its main rival a strategic advantage

Another rate cut by the Australian central bank was expected but didn't happen. But it was a split 6-3 decision. Financial markets juddered in immediate reaction

Hervé Goulletquer warns that investors are normalising US-induced economic and financial uncertainty at their peril

A gold analyst says ongoing fiscal concerns will likely lead to bond market volatility, ultimately supporting the gold market as investors look for alternative safe-haven assets

Gareth Evans argues that the multi-billion-dollar deal for nuclear submarines was never in the country's interest