Its population and economy are both forecast to grow rapidly over coming decades, offering a counterweight to China

His government has taken huge risks in riding the tiger of politicised religion

Natural resources are quite different from the capital stock created out of human effort

Its hugely expansionary programme is likely to trigger capital flight and currency collapse

Many countries view the US and European powers as selfish, self-satisfied and insincere

If democracy means anything, it means a country’s right to change its mind

Replicating the success of other high-growth economies is about to become far harder

It is a fallacy to suppose that a fund could be insured against the direst outcomes

Beijing must dare to choose radical remedies to deal with them

Martin Wolf selects his best mid-year reads

A microbe has overthrown our arrogance and sent global output into a tailspin

Martin Wolf selects his best mid-year reads

It should not consider regulatory changes unless they will clearly be for the better

Martin Wolf selects his best reads of the second half of 2023

Martin Wolf selects his must-read titles

Addressing the UK’s challenges requires more than the performative politics of populist leaders

All the evidence shows that despotism cannot consistently deliver the economic goods for developing countries

Martin Wolf selects his mid-year reads

The sensible approach for the UK is to seek a closer and more co-operative relationship with Brussels

Martin Wolf selects his must-read titles for the second half of 2020

We need to shift the world on to a different investment and growth path immediately

The doctrine that has guided economists and businesses for 50 years needs re-evaluation

Covid-19 could transform western societies. But without a stable middle class, the state risks succumbing to plutocracy.

Public debt in high-income countries has reached elevated levels

American hegemony and the group’s economic dominance are now history

It is legitimate to believe the EU has over-reached, but not to despise its goals

Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic

It is surely a fantasy that further tax cuts and deregulation will transform performance

Western countries have the resources but now must display the will to ensure Russia does not prevail

The question of whether Xi-ism is killing Deng-ism is growing

Adding it to the list of embargoed products would make life as difficult as possible for Vladimir Putin

Martin Wolf selects his best mid-year reads

The idea that businesses only pursue profits leads to dire outcomes

Achieving zero emissions by 2050 would require unprecedented global co-operation

The 1920s and 1930s were different times but a core of traditional attitudes persists

We must address weakened competition, feeble productivity growth, high inequality and degraded democracy

Martin Wolf selects his mid-year reads

A new book looks at why global conflicts owe more to divisions within countries than between them

They proliferate uncontrollably and are objects of speculation rather than stores of value

The rate at which extreme poverty is falling has slowed alarmingly — the rich world needs to act

Martin Wolf selects his must-read titles of the past six months

Martin Wolf on how the crisis marked the end of a consensus for liberalisation

Martin Wolf selects his best mid-year reads

The US was for decades the exemplar of free market globalisation. That changed with Donald Trump’s 'America first' agenda. President Joe Biden’s landmark Inflation Reduction Act continues the push...

To avert disaster, solidarity between countries must be as strong as within them

Were he to return to the White House, the implications for the US, its allies and the global economy are sure to be profound

The realities of relative power mean the UK and EU are — and will remain — far from equals

The marriage of liberal economics and democracy has brought immense benefits to the world, but faces its toughest test in decades. What needs to be done?

This is a system that is essential to the functioning of the market economy but doesn’t operate by its rules

People want to believe a powerful and charismatic leader is on their side in an unjust world

It is a work in progress, not a utopian project

Protectionism in a crisis only concentrates risk domestically and diminishes economies of scale

What is really happening is the rebalancing of the world as European and American hegemony dwindles away

Letting inflation reduce real wages while expecting services to be maintained is dishonest

Short-term performance has been surprisingly good but policymakers are walking on eggshells

The ideologically driven assault on the OBR’s sober professionalism is disgraceful

Pluto-populists’ strategy of using identity issues to convince voters to act against their economic interests is working

The lockdowns are necessary to get the disease under control — but they must be brief

Now the country is suffering something worse than geographic inequality: national stagnation

Martin Wolf reviews ‘The Great Reversal’ by Thomas Philippon

A challenging analysis that forces us to reconsider how our economies work — and who it works for

Past and present policymakers should ask more searching questions about the causes and impact of the price surge

The government’s proposed legal reforms look rather like a power grab

The combination of conflict, supply shocks and high inflation is inevitably destabilising

Multilateral development banks and the IMF should offer to pool currency risks

Handing Vladimir Putin an unearned and undeserved victory will only hurt the US

The new chancellor’s plan is poorly targeted, too generous and overly dependent on public borrowing

The UK is entering a new world, going its own way while superpowers dominate

Unfortunately politicians remain unable to offer a plausible account of how this can be achieved

Decades of failure have led to profound geographical inequality in the UK

As borrowers and spenders of last resort, governments must act now to avert a depression

The bigger the challenges the UK faces in restoring its fortunes, the more timid politicians seem to become

This time it is capital markets, rather than banks, that have to reform