Project syndicate Project Syndicate - The World’s Opinion Page Tue, 16 Jan 2018 18:05:55 +0300 <![CDATA[Can Fake News Be Outlawed?]]> French President Emmanuel Macron used the occasion of an annual New Year's press conference this year to propose a new law to prevent the spread of disinformation online. But even if France's restrictions work as intended, fake news is a global problem, and it will require a global solution.

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<![CDATA[Ending Sexual Harassment and Abuse at the UN]]> For too long, nongovernmental organizations, global-governance institutions such as the United Nations, and others in the international community have failed to eliminate the culture of impunity surrounding sexual abuse and harassment. But that is now changing as the UN steps up its efforts to prevent and punish violations at all levels.

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<![CDATA[How Britain Could Change Its Mind About Brexit]]> Nigel Farage, the former UK Independence Party leader, now says that the June 2016 Brexit referendum could be overturned. He's right, and the first requirement is to dispel the aura of inevitability surrounding Britain's withdrawal from Europe.

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<![CDATA[The Electoral Fate of Italy’s Banks]]> To fix Italy's banking system, the government that emerges from the general election in March will need a solid majority, a comprehensive strategy to boost economic growth, and a willingness to confront vested interests. But none of the parties has shown any indication that it can meet any of these criteria, much less all three.

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<![CDATA[Europe’s Doom Loop in Reverse]]> Unlike before the 2011-2012 crisis, the eurozone seems to be locked in a benign credit cycle, in which lower risk premia allow both banks and governments to refinance at lower rates, more credit is available for the real economy, and the resulting recovery increases government revenue. But how long can this cycle persist?

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<![CDATA[Making America’s Deficits Great Again]]> The new tax legislation pushed through by Donald Trump and congressional Republicans is virtually certain to raise the budget deficit and, in turn, the current-account deficit. Whatever the resemblance to the Reagan-era tax cuts of 1981-1983, it's not morning in America.

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<![CDATA[The Pakistan Conundrum]]> The big US error after 9/11 was to treat Pakistan as if it were an ally with which it is possible to assume a large degree of policy overlap. In fact, even a more calculated, transactional relationship will not bring the US and Pakistan closer together.

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<![CDATA[Trump’s Abominable Snow Job]]> In the 2016 US presidential election, Donald Trump presented himself as a populist who would protect America’s “forgotten” workers from the disruptions of trade and immigration and the nefarious designs of unnamed elites. But, a year after assuming office, it has become abundantly clear that “America first” means workers come last.

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<![CDATA[Accelerating Africa’s Energy Transition]]> Rebalancing Africa’s energy mix to include greener forms of power is an environmental and economic imperative. But the most efficient way for Africa to move away from fossil fuels will be to recognize that the oil sector still has a vital role to play in Africa’s energy future.

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<![CDATA[A Bangladeshi Prescription for Cholera]]> Despite having the expertise to keep cholera in check, the world is losing the battle to contain the disease, especially in regions where conflict persists. Countries like Bangladesh, which have vast experience confronting cholera and other waterborne illnesses, can play a leading role.

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<![CDATA[The Danger in Today’s Good Economic News]]> Failure to stem the rise of inequality will fuel social tensions and already-resurgent nationalism, producing disruptions that will ultimately lead to losses for everyone. That is why today’s good growth news may not be as promising as many believe.

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<![CDATA[Good Times at Last?]]> Despite today's unprecedented political risks and large-scale geopolitical realignments, key economic indicators from around the world are looking better than they have in years. But whether global economic growth exceeds 4% this year will depend on central bankers' ability to strike the right monetary-policy balance.

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<![CDATA[Why Is Japan Populist-Free?]]> Contemporary Japan may have its flaws, but it is now much more egalitarian than the United States, India, or many countries in Europe. By remaining a country of, by, and for the middle class, where the most affluent tend to be discreet, Japan has avoided the dangerous politics roiling developed and developing countries alike.

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<![CDATA[Ready or Not for the Next Recession?]]> Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to the unemployed and other casualties of the downturn. But, for a combination of economic and political reasons, the US, in particular, is singularly ill-prepared to respond normally.

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<![CDATA[The Best Hope for the Iranian People]]> Iran’s leadership will be extremely reluctant to withdraw from the forward positions the country has gained across the Middle East. Amid the current protests, however, the West has a golden opportunity to push Iran to suspend its regional ambitions and focus on domestic economic conditions.

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<![CDATA[Can Trump Prove His Sanity?]]> Given a lack of definitive and objective psychiatric tests, questions about Donald Trump’s mental health may never go away. And a famous experiment from the 1970s suggests that even if he stops ranting on Twitter or speaking in convoluted and incoherent sentences, at best he will be viewed as being in remission.

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<![CDATA[In Defense of Economic Populism]]> Populists’ aversion to institutional restraints extends to the economy, where they oppose obstacles placed in their way by autonomous regulatory agencies, independent central banks, and global trade rules. But while populism in the political domain is almost always harmful, economic populism can sometimes be justified.

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<![CDATA[PS. Explain This: Israeli Settlement-Building]]> Since Donald Trump’s decision to recognize Jerusalem as Israel’s capital, the Israel-Palestine conflict has entered a new and dangerous phase. PS Associate Editor Whitney Arana explains Israeli settlement-building in the West Bank.

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<![CDATA[Making Journalism Great Again]]> So long as social media companies optimize for advertising revenue, their algorithms will tend to reward the extremes, and reputable news organizations will waste valuable resources battling disinformation. A better approach would be to make news less boring.

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<![CDATA[Educating Myanmar’s Youngest Refugees]]> The Rohingya crisis is also an education crisis, as tens of thousands of refugees remain unable to access schooling in their temporary homes. Regardless of whether the Rohingya remain in Bangladesh or return to Myanmar, education of the youngest is both a right and an essential investment in the future.

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