An old finance-industry heuristic and recent developments in the real economy may have weakened the pessimists' case.

This year may prove devastating for the developing world, as more and more countries find themselves engulfed in debt crises.

Article by Stephen S. Roach

While China's top-down authoritarian strategy initially seemed effective, the regime's zero-COVID policy ultimately proved to be fatally flawed. Article by Joschka Fischer.

For 70 years after World War II, global growth was underpinned by ongoing efforts to boost international trade by eliminating self-defeating trade barriers.

Article by Jim O'Neill

Article by Carl Bildt, former prime minister and foreign minister of Sweden.

'Our only chance to ensure a sustainable future depends on a hodge-podge of national policies that will be wildly diverse and driven by complicated local considerations.'