The sums required to meet global challenges like mitigating climate change and strengthening financial-market stability far exceed available public funding. Attracting voluntary private investment, however, will require the development of a menu of innovative financial instruments.

We are entering a period of deteriorating US-China relations, with each side backed by its own allies and operating in its own international forums. While the precise impact of the changing geopolitical balance remains unknown, it is clearly becoming an impediment to addressing humanity’s most pressing problems.

Beijing needs to let unsalvageable developers fail and, crucially, avoid saddling banks with bad loans. Short-term pain is preferable to infecting finance and creating a deeper, longer economic downturn.

The country should not forget the need for strong and independent institutions in its dash for growth.

William R. Rhodes gave at talk at The Korea Society on the release of the Korean translation of "Keeping At It: The Quest for Sound Money and Good Government" - a memoir written by the late Federal Reserve Chairman Paul Volcker

With sovereign debt at record levels and extreme weather events becoming more frequent and intense, policymakers must find a way to sustain economic growth, ensure financial stability, and mobilize the necessary resources to combat climate change. Achieving this requires nothing less than a new economic paradigm.

Politically and economically, Xi’s China is superior to Putin’s Russia in an unequal alliance that has seen growing Russian dependence. If Xi can craft an exit from war in Europe after the current offensive, China’s geopolitical stock will rise further.

Professor of International Economics Mark Blyth co-authored an essay for the Financial Times on bird metaphors for central bankers.

The world thinks of treasuries as assets and no other country has been able to produce more sovereign debt than the US.

Mark Blyth comments for Bloomberg, “We may be in a world of financial dominance. I don’t know, but it sure smells that way.”

Mark Blyth discusses falling European bank shares on RTÉ's The Business podcast.

In 2018, US lawmakers loosened banking regulations on the spurious grounds that smaller banks do not pose systemic risks to the stability of the financial system. Unfortunately, everyone will have to relearn the hard-won lessons of past banking crises.

In an interview with the EU Observer, Director of the Rhodes Center Mark Blyth discusses the European Union's economy.

If China chooses to double down on an uncritical alliance with Russia and supply it with military material, it risks US and EU sanctions. The better option would be for China to use its leverage and closeness with Russia to broker an end to the war.

A shift in policy will be painful but the longer the delay in acting the worse it will be.

BTCS Nasdaq-listed company distributes capital in bitcoin — an asset with value, but no purpose.

Donors face a massive co-ordination problem in rebuilding the country and must start addressing it now.

Like Godot, the US recession has been long heralded but failed to materialise. It will, sooner or later.

Perpetual gilts would need a dedicated fund to pay them back.

US equities tend to outperform in the six months after polls against the preceding half-year.

Central bank policymakers do not seem to want to find new tools that work.

The New York Fed’s often overlooked UIG believes US inflation is past its peak.

Professor of Economics Mark Blyth discusses the overturning of UK Prime Minister Liz Truss's recent economic policies for Vox.

Price moves in the next year will be as swift and dramatic as they have been in Britain.