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    An Economic Agenda for Mexico’s New President

    Santiago Levy

    Claudia Sheinbaum must abandon the fantasy that the informal sector will naturally disappear as growth accelerates. Instead, she must commit to eliminating the perverse incentives that arise from the disparate treatment of formal and informal activities, as well as to reforming the tax system.

    urges President-elect Claudia Sheinbaum to break with the policies of her mentor, Andrés Manuel López Obrador.
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    What Comes After Neoliberalism?

    Featured in this Big Question

    Mehrsa Baradaran, Anne O. Krueger, Mariana Mazzucato, Dani Rodrik, Joseph E. Stiglitz, Michael R. Strain

    Governments that had spent nearly a half-century preaching the virtues of free trade, deregulation, and hyperglobalization are now imposing import tariffs and export restrictions, adopting industrial policies, and lavishing subsidies on domestic firms in favored sectors, like green tech. With many observers heralding the death of neoliberalism, we asked PS commentators what comes next.

  3. bremmer30_NIHARIKA KULKARNIAFP via Getty Images_modisupporters Niharika Kulkarni/AFP via Getty Images

    The Road Ahead for Modi and India

    Ian Bremmer surveys the challenges and opportunities facing the country after an unexpectedly close election.
  4. dalay3_ MIKHAIL MORDASOVAFP via Getty Images_russia warship black sea MIKHAIL MORDASOV/AFP via Getty Images

    The Ukraine War Threatens Russia’s Regional Influence

    Galip Dalay explains why, absent a total victory, the Kremlin’s power in the Black Sea and the Mediterranean will fade.
  5. sirleaf8_Hector VivasGetty Images_claudiasheinbaum Hector Vivas/Getty Images
    Free to read

    During This Super Election Year, More Women Are Needed at the Top

    Ellen Johnson Sirleaf & Binaifer Nowrojee call attention to a disturbing reversal of progress toward gender equality in politics and government.
  6. rogelj1_PRAKASH SINGHAFP via Getty Images_indiaheatwave Prakash Singh/AFP via Getty Images

    The 1.5°C Target for Global Warming Must Prevail

    Joeri Rogelj argues that the threshold established by the Paris agreement remains crucial – even if it is breached.
  7. bp - trade war Photo by Costfoto/NurPhoto via Getty Images
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    The US-China Trade War Heats Up

    Featured in this Big Picture

    Pinelopi Koujianou Goldberg , Carl Bildt , Dani Rodrik , Qiyuan Xu , Arvind Subramanian

    A spate of new US tariffs on Chinese goods has raised the specter of full economic decoupling between the world’s two largest economies. For many observers, the measures are not only misguided, but also counter-productive, with the potential to undermine economic dynamism, hamper climate action, and trigger geopolitical conflict.

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    Europe Needs a Democracy Commissioner

    Paolo Cesarini, et al. describe the contours of an EU strategy for saving a sector that is integral to democracy.
  9. roach141_STRAFP via Getty Images_china trade STR/AFP via Getty Images

    China’s Economy Cannot Export Its Problems Away

    Alicia García-Herrero & Alessio Terzi explain why the current growth strategy will inevitably fail to address the roots of the economy’s problems.
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Latest

  1. The Road Ahead for Modi and India
    bremmer30_NIHARIKA KULKARNIAFP via Getty Images_modisupporters Niharika Kulkarni/AFP via Getty Images

    The Road Ahead for Modi and India

    Jun 5, 2024 Ian Bremmer surveys the challenges and opportunities facing the country after an unexpectedly close election.

  2. The 1.5°C Target for Global Warming Must Prevail
    rogelj1_PRAKASH SINGHAFP via Getty Images_indiaheatwave Prakash Singh/AFP via Getty Images

    The 1.5°C Target for Global Warming Must Prevail

    Jun 5, 2024 Joeri Rogelj argues that the threshold established by the Paris agreement remains crucial – even if it is breached.

  3. Europe Needs a Democracy Commissioner
    cesarini1_Nodar ChernishevGetty Images_newspapers Nodar Chernishev/Getty Images

    Europe Needs a Democracy Commissioner

    Jun 5, 2024 Paolo Cesarini, et al. describe the contours of an EU strategy for saving a sector that is integral to democracy.

  4. An Economic Agenda for Mexico’s New President
    slevy2_ Jazmín PeñalozaObturadorMXGetty Images_president slevy2_ Jazmín PeñalozaObturadorMXGetty Images

    An Economic Agenda for Mexico’s New President

    Jun 5, 2024 Santiago Levy urges President-elect Claudia Sheinbaum to break with the policies of her mentor, Andrés Manuel López Obrador.

  5. The Ukraine War Threatens Russia’s Regional Influence
    dalay3_ MIKHAIL MORDASOVAFP via Getty Images_russia warship black sea MIKHAIL MORDASOV/AFP via Getty Images

    The Ukraine War Threatens Russia’s Regional Influence

    Jun 5, 2024 Galip Dalay explains why, absent a total victory, the Kremlin’s power in the Black Sea and the Mediterranean will fade.

Trending

  1. roach141_STRAFP via Getty Images_china trade STR/AFP via Getty Images

    China’s Economy Cannot Export Its Problems Away

    Alicia García-Herrero & Alessio Terzi explain why the current growth strategy will inevitably fail to address the roots of the economy’s problems.
  2. GettyImages-1166756409

    Raghuram G. Rajan and Rohit Lamba on Indian job creation, industrial policy, democracy, and more

    Raghuram G. Rajan & Rohit Lamba argue that India must place the highest priority on creating and owning intellectual property, advocate an alternative to interventionist industrial policies like subsidies, call for the decentralization of Indian governance at every level, and more.
  3. op_rajan4_MANJUNATH KIRANAFP via Getty Images_Indiastartup Manjunath Kiran/AFP via Getty Images
    Free to read

    The Indian Election and the Country’s Economic Future

    Raghuram G. Rajan worries that the country will squander its massive potential by trying to emulate China's growth strategy.
  4. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  5. GettyImages-1357300450

    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
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    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.

It is both the best and the worst of times for democracy – or at least for voting. Although a record-breaking four billion people across 76 countries will have cast ballots in elections this year, democratic institutions are increasingly under strain, and leading watchdogs warn of a broad-based global trend toward “autocratization.”

Learn more
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  1. rogelj1_PRAKASH SINGHAFP via Getty Images_indiaheatwave Prakash Singh/AFP via Getty Images

    The 1.5°C Target for Global Warming Must Prevail

    Joeri Rogelj argues that the threshold established by the Paris agreement remains crucial – even if it is breached.
  2. tagliapietra5_JOHN THYSAFP via Getty Images_eu green deal JOHN THYS/AFP via Getty Images

    How Europe Can Get the Green Deal Done

    Simone Tagliapietra proposes EU-level measures that would help offset the negative distributional effects of climate policy.
  3. ruto4_LUIS TATOAFP via Getty Images_kenyafloods Luis Tato/AFP via Getty Images

    How G7 Leaders Can Unlock Financing for Africa

    William Ruto urges wealthy countries to help bring the global financial system into line with the developing world's needs.

Opinion that Moves

  1. Santiago Levy An Economic Agenda for Mexico’s New President
  2. Nadia Calviño What the EU Has Done for Us
  3. Antara Haldar Still Haunted by the Washington Consensus
  4. Kaushik Basu A Plea for Political Economy

  1. Ian Bremmer The Road Ahead for Modi and India
  2. Paolo Cesarini, et al. Europe Needs a Democracy Commissioner
  3. Galip Dalay The Ukraine War Threatens Russia’s Regional Influence
  4. Sławomir Sierakowski No Quiet for Europe on the Eastern Front

  1. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  2. Tom Achoki, et al. Preparing Now for the Next Disease X
  3. Mariana Mazzucato The Economics of Health for All
  4. Danjuma Adda A Big Step Forward for Liver Health

  1. Joeri Rogelj The 1.5°C Target for Global Warming Must Prevail
  2. Juan Lucas Restrepo, et al. To Fight Climate Change, Protect Healthy Soil
  3. Jeffrey Frankel Europe’s Carbon Border Tax Advances the Fight Against Climate Change
  4. Simone Tagliapietra How Europe Can Get the Green Deal Done

  1. Angela Huyue Zhang, et al. The High Cost of GPT-4o
  2. Joshua Gans The Right Way to Regulate AI
  3. Simon Johnson, et al. Human Capital for the Age of Generative AI
  4. Anne-Marie Slaughter, et al. Can AI Improve Family Life?

  1. Andrés Velasco The Primacy of Political Order
  2. Hippolyte Fofack Restoring Africa’s Culture and Philosophy Is the Key to Development
  3. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists
  4. Rachel Ruto Clean Cooking Advances Women’s Empowerment

Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W…

  1. Vera Songwe A New Dawn for US-African Cooperation?
  2. Kingsley Moghalu Africa Can’t Prosper Without Regional Trade
  3. William Ruto How G7 Leaders Can Unlock Financing for Africa

Today’s media landscape is littered with landmines: open hostility from illiberal and autocratic regimes, mounting censorship in countries such as Hungary, Turkey,…

  1. Antonio Zappulla To Protect Democracy, Protect Exiled Journalists
  2. Jodie Ginsberg Our Freedoms Depend on Press Freedom
  3. Carsten Brosda Must Democratizing the Media Be Bad for Democracy?

As the COVID-19 crisis escalates, PS commentators assess its implications for the economy, propose policy responses, and consider what might – and sho…

  1. Winnie Byanyima, et al. How to Protect the World from the Next Pandemic
  2. Tom Achoki, et al. Preparing Now for the Next Disease X
  3. Mariana Mazzucato The Economics of Health for All