A modernization of China's exchange-rate arrangements could deal the dollar's status a painful blow.
Longer-term inflation risks are skewed much more to the upside than many investors and policymakers seem to realize.
Heightened global economic risks mean poorer countries could take years to return to their pre-pandemic growth trajectories.
Macroeconomists broadly agree that productive infrastructure spending is welcome after a deep recession.
Exchange-rate uncertainty aside, the overwhelming likelihood is that the greenback will still be king in 2030.
The insecurity fueled by the pandemic is likely to weigh on the global economy long after the worst has passed.
The Covid-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind.
Like many businesses, universities are struggling with how to reopen and are adopting a range of strategies.
If deglobalization goes too far, no country will be spared.
It is myopic to expect debt repayments from countries where those resources would have to be diverted from combating Covid-19.
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