Andrey Kadmestov The recession in the Eurozone continues for the second quarter in a row now. Even though the decline in terms of economic dynamics remains small – just about 0.1 percent of GDP, realistically-minded experts believe this is the beginning of hard times waiting ahead. With foreign …
Read More »Trajectory for resilient, inclusive growth
Axel Trostenberg This year China’s economy is expected to recover, fueled primarily by a rebound in domestic demand. These improved near-term prospects offer an important opportunity for policymakers to refocus their efforts on achieving the country’s three long-term development objectives: to become a high-income country by 2035 through …
Read More »Important testimonies in the Monetary Fund audit report
Fayeq Hijazin The audit report on the performance of the national economy under the Extended Fund Facility (EFF) highlights positive outcomes both in terms of the program’s indicators and the external challenges faced by the Jordanian economy amidst global economic uncertainties. Maintaining macroeconomic stability in the face of …
Read More »Jordan’s Decision to Attend the Negev Summit Raises Concerns
Eng. Saleem Al Batayneh In recent years, the Arab world has been plagued by a recurring problem: the lack of a united front. While leaders like Sultan Abdul Hamid refused to sit at the table, Arab nations have often found themselves running to sit under it. The consequences …
Read More »China insight: growth, resilience, greenness
Mara Warwick Mara Warwick, now the World Bank country director for China, was the World Bank’s Wenchuan Earthquake Recovery Project (2009-2014) after the devastating Wenchuan earthquake in Sichuan province in 2008 that claimed more than 69,000 lives and affected many parts of China. She also served as a …
Read More »Despite the Hype, Artificial Intelligence Remains Inferior to the Human Brain
Matthew Maavik The global infoscape is currently abuzz with alarmist predictions over the dangers posed by artificial intelligence (AI). Billionaire entrepreneurs and their hirelings, who had once gushed over the emerging AI “technopia”, have suddenly turned apocalyptic. As the narrative du jour goes, a sentient AI may ultimately …
Read More »Corruption is a Global Problem for Development. To Fight It, We All Have a Role to Play
Every day, we hear about the onslaught of crises facing the world—from climate change to conflict, inflation and debt, and the ongoing recovery from a years-long pandemic. Add to them the prospect of slow economic growth, and our efforts to overcome these challenges seem rife with obstacles. For …
Read More »The US and its allies are playing ‘Russian Roulette’. You’d almost think they want a nuclear war
Professor Sergey Karaganov’s recent article brought into public focus the thorny issue of the use of nuclear weapons in the Ukraine conflict. Many reactions to the piece boil down to the well-known reasoning that there can be no winners in a nuclear war and thus it cannot be …
Read More »Has Free Competition Come to an End?
Yi Wang The World Economic Forum (WEF)’s 14th Annual Meeting of the New Champions, commonly known as the Summer Davos, was held in Tianjin, China from June 27 to 29 this year. The event brought together approximately 1,500 government officials, business leaders, and influential figures from diverse sectors …
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