To improve medium-term growth, China must heed the lessons of its own history and focus on removing barriers to market entry and entrepreneurship. An economy’s growth rate comes from a combination of an increase in the average size of existing firms (intensive-margin growth) and an increase in the number of firms (extensive-margin growth). A study of the Chinese manufacturing sector that I co-authored with Xiaobo Zhang suggests that during the last few decades, extensive-margin growth accounted for about 70 percent of overall GDP expansion.

For political figures like Trump and Putin, courage is redefined as a willingness to break the state’s laws if the state’s own interests – or their own – demand it. The implication is that civilisation endures only if there are brave patriots who will do the dirty work. This is a decidedly right-wing form of “heroism.” It is easy to act nobly on behalf of one’s country – short of sacrificing one’s life for it – but only the strong of heart can bring themselves to commit crimes for it.

The fact that a Palestinian Christian like me, or a Christian living in a nearby Arab country, cannot simply come to Bethlehem for Christmas should be unacceptable to everyone

The people most affected by these climate-related health issues have often done the least to create them

India’s population is expected to grow over the next four decades to approximately 1.7 billion, before plunging to 1.1 billion by 2100.

In the name of taming inflation, central banks have set themselves on a path to cause a recession.

It is not left-wing extremism to note that the American economy has not been serving most Americans

The post-Covid era has arrived in China. What now?

Business history is full of executives going rogue with corporate funds.

Why would the world’s richest man want to undermine the legitimacy of democracy itself?

The world’s poorest countries remain the most vulnerable to climate change.

A global subsidy war could spur technological innovation, potentially driving down the price of renewables.

The pandemic highlighted significant gaps in our global health systems.

Ethical progress produces a beneficial form of dogmatism.

European leaders are breathing a huge sigh of relief following the Republicans’ failure to achieve a 'red wave' in the US midterm elections.

While we cannot conflate today's far right and fascism, we must watch closely how the former develops.

Rishi Sunak’s rise points to a broader, longer-term phenomenon: the growing prominence of the Indian diaspora across the Western world.

The US Federal Reserve’s aggressive monetary-tightening campaign has squeezed economies worldwide, particularly in the developing world.

Iran's protests have shined a new light on the seemingly limitless powers of its Supreme Leader

Politically, the G7 and like-minded countries around the world have adopted a war footing to stop Russian aggression.