America Is (Sort of) Back

In the first foreign-policy speech of his presidency, Joe Biden had a simple message for the world: “America is back.” But restoring the credibility of US diplomacy and implementing an effective foreign policy will be an uphill battle.  To his credit, Biden is taking steps to reverse many of Donald Trump’s most damaging policies. As […]

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India’s Farm Laws Are a Global Problem

Kaushik Basu India’s three new farm laws, enacted in September 2020 with little public or parliamentary debate, have attracted enormous global interest. Prime Minister Narendra Modi’s government described the measures as a gift to farmers, but farmers in several Indian states, led by smallholders in Punjab and Haryana, have refused to accept them. Sustained and […]

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Will Inflation Make a Comeback?

Axel A. Weber Current forecasts by many banks, central banks, and other institutions suggest that inflation will not be a problem in the foreseeable future. The International Monetary Fund, for example, expects global inflation to remain subdued until the end of its forecast horizon in 2025. But could those who heed these forecasts be in […]

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Good Deeds Go Unnoticed

Abdul Mannan Within a few weeks’ time Bangladesh under the leadership of its Prime Minister Sheikh Hasina has managed to create two remarkable feats that to some extent have gone unnoticed by the international media. Media – whether local or international – love to spend more time on villains and negative news than on achievements […]

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