LAGUNA BEACH – From changes in government in Argentina and Brazil to mid-course policy corrections in Chile, Latin American politics appears to be undergoing a rightward shift. But rather than being “pulled” by the attractiveness of the economic policies that the right is advocating, this complex phenomenon is predominantly a reflection of the “push” implied by anemic growth and the disappointing provision of public goods, especially social services.
PRINCETON – When Rio de Janeiro was awarded the 2016 Olympic Games, the Zika virus had yet to reach Brazil. Now, after billions of dollars have been invested in preparing for the Games, Rio de Janeiro state has the second highest number of suspected Zika virus infections. Should the 2016 Summer Olympic Games be postponed or moved elsewhere?
NEW YORK – Since the global financial crisis erupted in 2008, productivity growth in the advanced economies – the United States, Europe, and Japan – has been very slow both in absolute terms and relative to previous decades. But this is at odds with the view, prevailing in Silicon Valley and other global technology hubs, that we are entering a new golden era of innovation, which will radically increase productivity growth and improve the way we live and work. So why haven’t those gains appeared, and what might happen if they don’t?
PARIS – If voters in the United Kingdom decide in the country’s referendum on June 23 to leave the European Union, it will not be for economic reasons. They may choose Brexit because they want full sovereignty, because they hate Brussels, or because they want migrants to return home, but not because they expect great economic benefits.
WASHINGTON, DC – Donald Trump, the Republican Party’s presumptive nominee to contest the United States’ presidential election in November, is clearly not a standard Republican. The party’s leaders and elected officials fought against him during the primary, and many are still reluctant to endorse him. Trump is now aligning some of his policy proposals with mainstream Republican ideas, but he is also clearly determined to retain his distinctive identity.