From Dow Jones & Company:

The global economy is at a turning point, facing four major challenges: the climate transition, the good-jobs problem, an economic-development crisis, and the search for a healthier form of globalization. Addressing these challenges will require creative solutions and uncoordinated experimental efforts that are client-specific. Climate change is the most daunting challenge and will require an uncoordinated push for climate action, but the promising scenario falls short of hyper-globalization, which is compatible with a thin model of globalization, where countries retain policy autonomy for social cohesion and economic growth. Economists must stay relevant, apply the tools of their trade to current objectives and remain open to experimentation.



Read more: Opinion: We can tackle climate change, jobs, growth and global trade. What’s stopping us?