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Project Syndicate — Economics

Project Syndicate — Economics

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Global economists’ columns on macro/policy

Recent Posts

Five US Policy Shifts Could Reshape Financial Markets
News•Feb 18, 2026

Five US Policy Shifts Could Reshape Financial Markets

The Trump administration is advancing five domestic policy initiatives that touch credit, housing, monetary policy, corporate governance, and digital‑asset regulation. Proposed credit reforms would tighten loan underwriting, while housing changes could modify the mortgage interest deduction. Monetary officials hint at faster rate hikes and a governance push aims to boost board independence. Finally, a clear digital‑asset framework seeks to legitimize crypto markets and attract fintech investment.

By Project Syndicate — Economics
Europe Is Squandering Its Leverage Over China
News•Feb 18, 2026

Europe Is Squandering Its Leverage Over China

Europe is losing bargaining power with China as the continent’s growth stalls while Beijing posts a record trade surplus. German Chancellor Friedrich Merz’s upcoming China visit underscores the urgency, with Germany’s 2025 GDP expanding only 0.2% versus a $1.19 trillion Chinese surplus....

By Project Syndicate — Economics
Hope and Disappointment in India
News•Feb 17, 2026

Hope and Disappointment in India

India’s demographic and economic potential remains strong, but political dysfunction and empty rhetoric are eroding its long‑term outlook. The country suffers from unreliable statistics, a slowdown in innovation, and worsening air quality, all signs of institutional decay. Author Kaushik Basu’s...

By Project Syndicate — Economics
Financing the Global South’s Infrastructure Boom
News•Feb 17, 2026

Financing the Global South’s Infrastructure Boom

Private participation in infrastructure across the Global South reached $100 billion in 2024, a 20% rise over the previous five‑year average. The article highlights India’s PPP surge, which drove infrastructure credit to over 15% of bank lending but also triggered an...

By Project Syndicate — Economics
Thailand’s Royalist Right Turn
News•Feb 17, 2026

Thailand’s Royalist Right Turn

The royalist‑conservative Bhumjaithai Party has captured a decisive parliamentary majority, reinforced by the military and judiciary, positioning it to govern Thailand for the next four years. Its victory ends a 26‑year period marked by street protests, coups, and judicial interventions,...

By Project Syndicate — Economics
Conflicting Policies, Confused Investors, and the Weak Dollar
News•Feb 17, 2026

Conflicting Policies, Confused Investors, and the Weak Dollar

The United States continues to dominate global growth, driven by an AI-fueled expansion, yet its flagship currency is unusually weak. Markets are now pricing U.S. policy uncertainty on par with economies that lack a reserve currency. Conflicting fiscal and monetary...

By Project Syndicate — Economics
India’s Game-Changing Digital Money Model
News•Feb 16, 2026

India’s Game-Changing Digital Money Model

India’s Unified Payments Interface (UPI) has become the world’s largest real‑time payments network, handling billions of free transactions daily. Built on a public, open‑source infrastructure managed by the National Payments Corporation of India, UPI lets banks, fintechs and merchants interoperate...

By Project Syndicate — Economics
Could a BRICS Currency Work?
News•Feb 12, 2026

Could a BRICS Currency Work?

The article probes the feasibility of a shared BRICS currency aimed at challenging the US dollar’s global dominance. While mainstream economists have long dismissed the concept, the bloc is actively seeking new settlement rails to lessen dollar dependence. Structural hurdles—including...

By Project Syndicate — Economics

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