Jean Pisani-Ferry

Europe and the new imperialism

PARIS –Imperialism, Lenin wrote a century ago, is defined by five key features: the concentration of production; the merging of financial and industrial capital; exports of capital; transnational cartels; and the territorial division of the world among capitalist powers. Until recently, only...

Wednesday, April 3, 2019, 12:00 AM

The global economy’s three games

PARIS – Chess masters are able to play simultaneously on several boards with several partners. And the more time passes, the more US President Donald Trump’s international economic strategy looks like such a match. There are three major players: the United States, China, and a loose...

Friday, October 26, 2018, 7:39 PM

One club does not fit all in Europe

PARIS – “Italy,” a contemptuous Metternich said two centuries ago as the peninsula was split into a myriad of fiefdoms, “is only a geographical expression.” Some in Beijing, Moscow, New Delhi, and even Washington regard Europe the same way. They acknowledge that the...

Monday, October 1, 2018, 12:13 AM