NEW HAVEN — Multilateralism is waning, and one of the world’s leading multilateral institutions, the World Trade Organisation, is in crisis, because the United States has been blocking new appointments to its dispute settlement mechanism’s Appellate Body since 2018.

NEW HAVEN — Last month, the economics community rejoiced when the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economic Sciences to Claudia Goldin for “having advanced our understanding of women’s labor market outcomes”.

NEW HAVEN — For around a week in late June, Western media were obsessed with the fate of the Titan, a small submersible carrying a few billionaires and others to the sunken Titanic and later found to have imploded within hours of beginning its descent.

NEW HAVEN — Now that the falsehoods and obfuscation of climate denialism have finally been silenced, addressing climate change has become the world’s top priority.

NEW HAVEN — Few institutions have shown as much versatility and adaptability as the World Bank. Initially founded to address global capital-market imperfections after World War II, the institution’s primary mission evolved over time to focus on fighting extreme poverty.

NEW HAVEN — There is no shortage of hyperbole in the debate about whether companies should demand a full return to office work. According to Citadel’s Ken Griffin, the hedge fund owes its record-breaking $16 billion haul last year to its staff’s full-time presence in the office.

Says More…Project Syndicate: Last July, you criticised the prevailing approach to tackling inflation in the United States, arguing that interest-rate hikes would be “insufficient to rein in inflation in the short run” and “likely [to] increase unemployment over time”.

 NEW HAVEN  —  Just days before the White House released the United States’ new National Security Strategy in October, President Joe Biden’s administration announced sweeping export restrictions aimed at stopping China from advancing technologically.

NEW HAVEN  —  After decades of unprecedented openness, international economic relations have entered a new era, characterised by mistrust and division.