A green new deal for the economy

2014.07.17 A new report released by the World Bank has said something that many of us have been arguing for a long time – that dealing seriously with climate change will not damage the economy, as many sceptics claim, but will instead actually boost it. The Bank found that climate change mitigation and adaptation measures…

Women and the world economy

2014.06.24 In many countries, public debate about gender equality focuses mainly on women’s access to oppositions and high-powered career opportunities. But the “glass ceiling” is only a small part of the issue. The broader question is whether women have the same opportunities as men to participate in labor markets in the first place. In other…

Robin Hood in reverse

2014.04.15 Things seem to be getting bigger and bigger every day in the modern world – in fact, it’s increasingly assumed that unless you’re a big country you have no chance in the global economy. Consequently, when looking at a map of the world, people often wonder how small countries like Luxembourg, Lichtenstein, Jersey, and…

Oil shock and revolution reshape Indonesia’s fortunes

2013.12.19   Forty years after the oil shock Indonesia and the world are on the verge of another energy game changer.   Last October marked the fortieth anniversary of the 1973 oil embargo that brought the world to its knees. The Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, cut oil production…

The right green industrial policies

2013.10.22 The future of our planet depends on the world economy’s rapid transition to “green growth” – modes of production based on clean technologies that significantly reduce emissions of carbon dioxide and other greenhouse gases. Yet carbon remains badly mispriced, owing to fossil-fuel subsidies and the absence of tax revenues needed to address the global…