It's time to renew the social contract

THE success of Western-style democracy after World War II was based on national social contracts: citizens paid taxes, and the state provided the conditions for steady economic progress, along with secure jobs, a social safety net and redistributive policies that narrowed the income gap between...

Closing the global governance gap

TECHNOLOGICAL waves have always driven social and political change and progress, along with economic growth.

THE BOTTOM LINE

MEP polls will entrench a growing divide in the EU

ON May 23-26, voters across the European Union will go to the polls to elect Members of the European Parliament (MEP). Much will be at stake.

Why France's centre-left resists globalisation

POPULAR uprisings across France are threatening to shatter the hope that so many had placed in French President Emmanuel Macron after his election in May 2017. With his party, La République En Marche !, having secured an absolute parliamentary majority, Mr Macron promised to pursue difficult...

Tariff weapons in trade war bear risk of backfiring

SINCE World War II's end, trade has grown 50 per cent faster than global GDP, owing largely to successive rounds of liberalisation under the auspices of the World Trade Organization (previously the General Agreement on Tariffs and Trade, or GATT). But now, US President Donald Trump's...

COMMENTARY

Multilateralism, though effective, needs constant reform

AMID ongoing attacks by US President Donald Trump, the battle for the future of multilateralism has commenced. Previous demands for pragmatic reforms have escalated into pressure for the wholesale transformation - or even total destruction - of the global framework of multilateral institutions...

Global politics for a globalised economy

FROM the end of World War II to the mid-2010s, economic globalisation progressed relentlessly through expanded trade, proliferating capital flows, faster (and cheaper) communication, and, to a lesser extent, human migration. Yet, even as these linkages have deepened and multiplied, the global...