The envy of the world
The American economy has left other rich countries in the dust. Expect that to continue, argue Simon Rabinovitch and Henry Curr
Analysis: ‘The American Economy’ (Oct. 19, 2024)
Tag Archives: Philanthropy
Education: “Schooling’s Stagnation” – July 13, 2024
Must try harder
Schools in rich countries are making poor progress. They need to get back to basics, argues Mark Johnson
Schools in rich countries are making poor progress
Hanging on to the best of them is getting harder
The rich world’s teachers are increasingly morose
Will artificial intelligence transform school?
Efforts to teach character bring promise and perils
England’s school reforms are earning fans abroad
Report: “Deglobalization Of Finance” – May 11, 2024
Worlds apart
The American-led financial order is giving way to a more divided one
Ten years ago your correspondent was fidgeting nervously in a meeting room at vtb Capital, the investment-banking arm of Russia’s second-biggest bank, just across the road from the Bank of England. During the recruitment process for a graduate job, things had taken a worrying turn. A Russian missile had shot down mh17, a passenger flight from Amsterdam to Kuala Lumpur, while it was passing over Ukraine. Plenty of Russian firms were already under Western sanctions owing to the annexation of Crimea earlier that year. Now sanctions were being ramped up, and vtb Capital’s parent bank was a prime target. Hence the fidgeting: how to ask the slightly alarming man across the table whether there would even be a vtb in a few months’ time?
The global financial system is in danger of fragmenting
How crises reshaped the world financial system
The movement of capital globally is in decline
National payment systems are proliferating
The fight to dethrone the dollar
How the financial system would respond to a superpower war
Sources and acknowledgments
Special Report: “India’s Economy” – April 27, 2024
For its next phase of growth, India needs a new reform agenda
With the right changes, it can continue as an engine of global growth, say Arjun Ramani and Thomas Easton
The consecration of the Ram temple in Ayodhya, a city in Uttar Pradesh, in January was a matter of supreme importance to Narendra Modi, India’s prime minister; attendance was thus de rigueur for those seeking his approval. The attendant courtiers included not just politicians, officials and foreign dignitaries but also India’s biggest corporate bosses. Uttar Pradesh is not their normal stamping ground, and Ayodhya has not until recently been much of a destination for tycoons. Now it has 115 hotels under construction, and some of those January visitors may soon be finding reasons to return.
India’s financial system has improved dramatically in the past decade
India’s difficult business environment is improving
India’s leaders must deal with three economic weaknesses
Going green could bring huge benefits for India’s economy
The Economist Special Report: ‘The Oil Industry’
For 50 years the story of oil has been one of matching supply with increasing demand
Fly west across the United Arab Emirates from Fujairah, a tanker-filled port on the Gulf of Oman, towards the Persian Gulf and you get a sense of the vulnerability arid lands have to climate change. The farms around Dhaid provide a splash of green, but homegrown food is scarce, homegrown staples next to non-existent. Drinkable water comes mostly from desalination plants. The heat is growing inhumane; outside work is banned during the hottest hours of summer afternoons.
Why oil supply shocks are not like the 1970s any more
The end of oil, then and now
Oil’s endgame will be in the Gulf
Can Big Oil run in reverse?
Sources and acknowledgments
The Economist Special Report: ‘Philanthropy’
The super-rich are trying new approaches to philanthropy
They are hoping to get money to the needy faster, says Avantika Chilkoti
A nudge is not always enough to force change within an industry. Sometimes a series of forceful shoves is required. In the rarified world of Western philanthropy, the shoves began in 2020. The covid-19 pandemic, protests for racial justice across America that summer and the outflow of refugees from Ukraine starting in early 2022 created a new urgency around charitable giving and revealed failings in how it worked. Donors began to consider how they could disburse money faster and with more impact.
No-strings philanthropy is giving charities more decision-making power
Organizations on the ground know best how money should be spent
Give Directly does what it says on the tin
Cash hand-outs can transform communities
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