• Tue Jul 21 2026
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Is Trump Right About Germany’s Surplus?

MUNICH – At 5.8% of GDP, Germany’s current-account surplus is formidable – and has long been the subject of considerable scrutiny. This was true when Barack Obama was US president, but the criticism has grown far more aggressive under Donald Trump. Now, Trump appears committed to forcing Germany to shrink its surplus,

What African Electrification Requires

We know that this can work. In 2024, Africa’s power sector achieved another year of double-digit growth, largely owing to

Why China’s Marriage Crisis Matters

Can China’s government resolve the contradiction between its economic ambitions and its demographic reality? Judging by its past efforts, no

Financial Inclusion Must Reach the Last Billion

The progress made over the past decade proves that financial inclusion can be achieved with the right mix of innovation,

Trump’s War on Foreign Aid and the Rise of Transactional…

Activists celebrating the potential emergence of a post-imperial, agency-driven, multipolar aid system would do well to remember that economic progress

Canada Must Learn From the Green Backlash

As Canadians prepare to elect a new government, the rapid deterioration in relations with the United States will be front

A New Gulf Growth Model

Over the last three years, Saudi Arabia’s Public Investment Fund (PIF) has signed agreements with leading multinational companies to build

AI Will Not Supercharge GDP Growth

For good or ill – or merely as an enabler of ever more intense zero-sum competition – AI will have

Trump’s Cultural Revolution

Trump may lack Mao’s skills as a writer and theorist, but he possesses the same animal instinct to confound opponents

Will We Squander the AI Opportunity?

PARIS – I was fortunate to participate in the recent AI Action Summit in Paris, where many discussions emphasized the need to