"Jayati Ghosh & Kanchana N. Ruwanpura think the government’s attempt to resolve the balance-of-payments crisis through austerity will backfire."

"The cost of a crucial tuberculosis treatment has been halved after an agreement was made to allow the sale _...Read More_

"Even as China’s growth miracle unfolded, many warned of a slowdown and cautioned that the country, like so many before it, could become ensnared in the middle-income trap, unable to claw its way to high-income status. With the real-estate _...Read More_

"Barry Eichengreen says that Bidenomics may be working – inflation is easing and employment is growing – but the messaging is not."

"Dani Rodrik, Réka Juhász and Nathan Lane review key findings of a new generation of research that overturns much of the conventional wisdom."

"Isabella M. Weber urges policymakers to match their improved understanding of the problem with more appropriate policies."

"Zhang Jun thinks that a supportive policy package will go a long way toward reinvigorating long-term growth."

"J. Bradford DeLong recalls how the country overcame a previous era of extreme income and wealth inequality."

"Gene Frieda warns monetary policymakers that targeting higher price levels could lead to weaker economies."

"Daniel Gros uses price and wage data to determine whether recent shocks have hit lower-income groups as hard as feared."

"Dante Alighieri Disparte urges US policymakers to recognize the nascent sector’s long-term strategic importance."

"Daniel Gros highlights the flaws in the European Union’s efforts to protect itself from supply disruptions."

>"IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and _...Read More_

>"Eswar Prasad warns that inflation woes and banking failures are likely to impede global growth beyond this year."