Powering the Planet

The Right Price

Ian Parry

Ian Parry

Raising the cost of fossil fuels to reduce greenhouse gas emissions presents policymakers with practical, but manageable, issues

Getting energy prices right

Climate change and tax policy

Green Jobs

Green Jobs

Peter Poschen and Michael Renner

Protecting the environment can go hand in hand with economic prosperity and job opportunities

What are green jobs

Power of the Atom

Power of the Atom

Lucas Davis and Catherine Hausman

Nuclear power has grown from a lab experiment to a mature technology but now faces serious headwinds

Hausman on economics of nuclear

Down the Slide

John Baffes, M. Ayhan Kose, Franziska Ohnsorge, and Marc Stocker

The collapse in oil prices since 2014 is the most recent of several in the past three decades and may portend a long period of low prices

Dealing with low oil prices

Taking the Power Back

Mustafa Jamal

U.S. consumers will play an active role in shaping the energy system of the future

Also in This Issue

From Death Sentence to Debt Sentence

Paul Collier, Richard Manning, and Olivier Sterck

Now that AIDS is a controllable disease, countries and donors must focus on financing treatment and investing in prevention.

Investment Renaissance

Investment Renaissance

Wenjie Chen, David Dollar, and Heiwai Tang

China is important to the increasing foreign investment in Africa, but its role is far from dominant.

Dollar on China in Africa

To Pay the Piper

Luis A.V. Catão and Rui C. Mano

Countries face a far higher interest rate premium for defaulting on their sovereign debts than previous wisdom suggested

Politics and Public Investment

Sanjeev Gupta, Estelle Xue Liu, and Carlos Mulas-Granados

Catering to voters as elections approach can upend intelligent decisions on infrastructure spending policies.

Time for an infrastructure push

The Insatiable Demand for Sand

Bruce Edwards

Deceptively abundant, the basic raw material
for glass and concrete can’t keep up with demand.

Listen to Pascal Peduzzi

A Passport of Convenience

Judith Gold and Ahmed El-Ashram

Offering citizenship in return for investment is a win-win for some small states.

A Passport of Convenience

Collateral Damage

Pablo Druck, Nicolas E. Magud, and Rodrigo Mariscal

A strong dollar is seldom good news for emerging market economies.

From the Editor

A Glimpse of the Future

One of my favorite car trips in the United States heads east out of Los Angeles and runs through the windswept San Gorgonio Pass, gateway to the Mojave and Sonoran deserts.

Currency Notes

More than Symbolic Value

Currency

Gita Bhatt

When India launched a new symbol for
its rupee, it joined a select club of countries

Symbol designer Kumar

Book Reviews

Swimming with Sharks: My Journey into the World of the Bankers,
Joris Luyendijk

Arab Dawn: Arab Youth and the Demographic Dividend They Will Bring, Bessma Momani

The Silo Effect, Gillian Tett