Capitalism is supposed to be all about economic growth, through the dynamism that is created by competition. This growth is meant to be driven by investment (or accumulation) which, in turn, is used to justify the shares of national income that are delivered to private profits, to the owners of capital.

The past year has brought into sharp relief the significant differences between China and the rest of the world.

The Trump regime is ratcheting up its protectionist rhetoric vis-à-vis China. If this leads to new sanctions, it would worsen the COVID-induced trade crisis rather than help the U.S.

Early evidence on the intensity and drivers of the COVID-induced crisis in the U.S. and Europe suggests that the official response may lengthen the recession and delay recovery

Governments and central banks that were upbeat about global economic recovery are turning pessimistic. A coordinated fiscal stimulus across nations is the need of hour.

A decade after the Global Financial Crisis, developing countries still bear the scars in the form of lower growth and investment rates.

Trump is threatening to dismantle the current world trading system, but in his first year US trading patterns show strong continuity with the previous administration.