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The United States and Germany have much in common: advanced industrial economies, high living standards, first-class universities, and leading companies. They also share the same pressures from globalization — trade competition, technological change, movement of people and ideas — around which to innovate and adapt. But the data makes it clear that Germany has better maint...
Robert Runcie on the power of education, how tragedy shakes a community, and why he believes in hope
In the 1930s, the Great Depression reversed a long trend towards globalization: Borders were shut, trade was halted, and tariffs imposed. After the 2008 financial crisis, it initially seemed that this would not occur again. But free trade is now stirring strong political passions, with politicians and voters of all stripes blaming trade for rising unemployment. So are we h...
In 2018, economic activity was accelerating in almost all regions of the world. One year later, much has changed. The escalation of US-China trade tensions, credit tightening in China, and macroeconomic stress in key G20 economies have all contributed to a weakened global expansion. As the US trade war with China deepens, what are the biggest risks at this delicate moment?...
As the US and China continue their trade war, economic instability is rising in countries around the world.
Cryptocurrency is largely seen as an investment vehicle in the United States, with regular reporting on its value in the marketplace. But in other countries, especially in the developing world, such currencies are increasingly used for routine transactions, displacing more traditional money. There is growing trust and interest in this blockchain-based mechanism for both tr...
Economic growth is frequently defined as the increase in value of everything in an economy. Standard of living, access to health care, and minimum wage are some of the standard measures of economic well-being. But with the ubiquity of technology, impacts of artificial intelligence on jobs, new limits to free trade, and increased pressure to address climate, how should we n...
Americans are more connected than ever – at home, at work, and in everyday life. Yet few people understand the privacy trade-offs that come with each connection, and companies don’t make it easy to find out. How can we ensure consumers have a fair say in how companies use their personal data? Allstate CEO Tom Wilson and Harvard University lecturer Bruce Schneier sit down w...
Globalization ushered in an era of free trade, fluid borders, and unparalleled corporate profits. For its proponents, the global integration of states and their economies was a political and economic win that created a wealth of opportunities for workers and consumers around the world. But in the United States, jobs are disappearing in construction zones, clerical offices,...
In the summer of 2018, President Trump sang praises about the country’s economic conditions, tweeting, “In many ways this is the greatest economy in the HISTORY of America.” But just how much of the upswing can be attributed to White House policies? Former US Treasury Secretary Larry Summers says very little. He disagrees with Trump on trade, tariffs, and the rethinking of...
Activist investors, and active employees. Climate change and drought. Battles over trade—and by #tweet. When public anxiety drives low trust, who’s on the speed dial of top business leaders? What’s the playbook for business risks not in the company’s control? Which values are bedrock—do they illuminate the path when a bold step is needed? Join a conversation with indust...
World order is never in stasis for too long. And indeed, we seem to be witnessing a historic shift now. The relatively stable decades after World War II saw gains for global democracies, rapid economic growth fueled by globalization, and the birth of the Internet. But they also saw the speeding of global warming, widening inequality, and the scourge of transnational terror...