Project Syndicate

Despite growing concerns about redemptions and limited transparency, extending bank-style regulation to private credit is not the answer, says @Stanford's @AmitSeru. bit.ly/49amZ4P

.@AshokLavasa and @AsthanaRoli (@ChathamHouse) urge countries to follow the Asian model of economic diplomacy, which balances international engagement with domestic capacity-building. bit.ly/4mUtZZe

Although the challenges facing today’s America are quite different from those facing the late Soviet Union, there are some striking parallels, notes Harold James. bit.ly/4n35ysJ

The true radicalism of anti-slavery resistance lies beyond legal emancipation, in decentralized fugitive communities that rejected coercive states and capitalist economies, argues @LSEnews’ Jake Subryan Richards. bit.ly/4ulwvu0

Using Hungary's experience as a guide, Guillermo Ortiz considers how Mexico's democratic backsliding under President @Claudiashein will end. bit.ly/4eWdnyh

If confirmed as @federalreserve chair, Kevin Warsh will need to update the Fed’s tools for a rapidly changing financial system in which a growing share of credit is created outside traditional banking, argues @Stanford's @AmitSeru. bit.ly/49amZ4P

Integrating Indian talent into US-led ecosystems is the only way for American firms to maintain their edge against a competitor that views technology as a tool of state control rather than individual empowerment, @Ylli_Bajraktari and @d_jaishankar argue. bit.ly/3PcWmFG

No bilateral relationship is more consequential to the future of the digital world order than the one between the United States and India, @Ylli_Bajraktari and @d_jaishankar write. bit.ly/4tOvDym

Lacking a kill switch, governments can take two steps to prepare for AI-enabled attacks: effective coordination and basic rules for information sharing, says @BlavatnikSchool’s @NgaireWoods. bit.ly/49k0UAP

The @WorldBankGroup's recent embrace of industrial policy was long overdue. But new conclusions do not automatically produce new economics, @MazzucatoM and @LaraMerling caution. bit.ly/4un8ymf

Conservative anti-university crusaders would like us to forget that the university’s core commitment is to academic freedom, not to the maximization of free speech on campus, notes Jan-Werner Mueller. bit.ly/4t41ppK

The most sustainable solution for reopening the Strait of Hormuz is to institutionalize the arrangement in which Iran, coordinating with the Gulf states, guarantees safe transit for a fee, Massoud Karshenas, @HPesaran, and Ron Smith write. bit.ly/4n96vQq

Europe’s pension funds are among the largest untapped sources of funding for scaling critical industries, notes @LBS’s Paolo Surico. bit.ly/42DBfzj

For Chinese President Xi Jinping, Viktor Orbán’s defeat in Hungary’s parliamentary elections last month reinforced the binary nature of autocratic power, writes @AsiaSociety’s @samchetwin. bit.ly/4cLEcnz

For years, policymakers argued that stronger action against online child abuse required more evidence. But that is no longer a credible excuse, Andy Phippen shows. bit.ly/4n7addi

From competitiveness to security, AI is reshaping some of the most important debates about Europe’s future. At #Impact26—streaming live on May 13—leading experts will weigh in on the challenges ahead. #PSEvents Impact CEE bit.ly/4vmC9xp

Algorithmic decision-making in government has already led to wrongful accusations, lost benefits, and denied care. Scaling it will amplify those harms, write @gabramosp and @StojmenovaDuh. bit.ly/4tL3Wqb

Private credit has become a major source of financial anxiety, but policymakers are looking in the wrong place, writes @Stanford’s @AmitSeru. bit.ly/49amZ4P

Thanks to its manufacturing prowess, South Korea is well-positioned to become a major defense exporter. But @realDonaldTrump’s tariffs threaten to undermine that effort, writes @anneokrueger. bit.ly/4mZlL2a

Europe should formally guarantee the existing borders in the Western Balkans. Doing so would bolster its own credibility as a guarantor of peace, both within its borders and along its expanding frontier, @nicupopescu and @FWesslau write. bit.ly/4n6AuZe