Ngaire Woods

Borrowing from the populists’ playbook

“Don’t get mad, get even.” Established political parties looking to take back control from populists should turn that maxim into a strategy. Stop complaining about the success of populists, and start stealing a few pages from their playbook. There are three I’d steal. The...

Friday, July 27, 2018, 11:02 PM

When welfare sabotages lives

OXFORD – The United Kingdom is accelerating the rollout of a social security scheme only Ebenezer Scrooge could love. The “universal credit” program replaces six different welfare benefits – such as the child tax credit and the housing benefit – with one. The goal is...

Friday, December 29, 2017, 12:00 AM

The case against free-market capitalism

OXFORD – Free-market capitalism is on trial. In the United Kingdom, Labour Party leader Jeremy Corbyn accuses neoliberalism of increasing homelessness, throwing children into poverty, and causing wages to fall below subsistence level. For the defense, Conservative Prime Minister Theresa May...

Saturday, October 14, 2017, 12:00 AM

Brexit down on the farm

OXFORD – The United Kingdom’s withdrawal from the European Union no doubt carries many risks. But, if British politicians and business leaders are right, it also creates an important opportunity: the possibility of building a safer, greener, more efficient, and more innovative farming...

Saturday, August 12, 2017, 12:00 AM

A Brexit strategy for a weak UK government

OXFORD – As Prime Minister Theresa May seeks to form a new government, following an election in which her Conservative Party lost its parliamentary majority, she knows that, within days, she will also need to get down to the nitty-gritty of negotiating Britain’s exit from the European Union....

Saturday, June 10, 2017, 12:00 AM

A practical agenda for volutionary times

OXFORD – As the world’s financial leaders gather for the International Monetary Fund and World Bank spring meetings, many working people around the world are demanding radical change, because they sense that their voices are not being heard. Those who are supposed to represent them...

Saturday, April 22, 2017, 12:00 AM

The global economy's stealth resilience

Ngaire Woods OXFORD – Last week, Christine Lagarde, the International Monetary Fund’s managing director, warned that if countries do not act together, the global economy could be derailed. Likewise, the OECD has warned that countries must move “urgently” and “collectively” to boost global...

Saturday, March 5, 2016, 12:00 AM

The IMF's Euro crisis

OXFORD – Over the last few decades, the International Monetary Fund has learned six important lessons about how to manage government debt crises. In its response to the crisis in Greece, however, each of these lessons has been ignored. The Fund’s participation in the effort to rescue...

Wednesday, July 29, 2015, 12:00 AM

Global institutions after the crisis

OXFORD – When Lehman Brothers collapsed and the global financial crisis erupted five years ago, many glimpsed a silver lining: the promise of more effective global economic governance. But, despite a flurry of early initiatives, the world remains as far from that goal as ever.The Financial...

Friday, September 6, 2013, 12:00 AM