Richard Haass, Mohamed A. El-Erian, Kim Fe Cramer, and more in Behind the Headlines

Also featuring Lawrence H. Summers, Yi Fuxian, and more [View this message in a web browser]( [PS Behind the Headlines]( AUGUST 23, 2023 [Simplifying a Complicated Global Economy]( [Simplifying a Complicated Global Economy]( [Mohamed A. El-Erian]( thinks much will depend ultimately on the US Federal Reserve’s performance over the next six months. [The Russia Sanctions Are Working]( [The Russia Sanctions Are Working]( [Sergei Guriev]( examines the country's rapidly deteriorating fiscal outlook in the wake of the ruble's latest tumble. China Slows Down Persistently disappointing economic data from China has spurred continued downgrades in growth forecasts. This week at PS, Yi Fuxian and Kenneth Rogoff examine the causes of the growth slowdown, and Richard Haass warns of the potential consequences. --------------------------------------------------------------- [China's Population-Control Disaster]( [Yi Fuxian]( reflects on the calamitous consequences of the regime’s family-planning policies. --------------------------------------------------------------- [The Debt Supercycle Comes to China]( [Kenneth Rogoff]( argues that the theory seems to offer the best explanation for the Chinese economy’s current slowdown. --------------------------------------------------------------- [China's Homegrown Crisis]( [Richard Haass]( warns that the sharply slowing economy could tempt President Xi Jinping to try to change the conversation. [PS. Subscribe to PS Digital now.]( [The Populist Advantage]( [Raghuram G. Rajan]( explains why so many previously discredited economic policies have become easier to sell to the public. [The Health Benefits of Financial Inclusion]( [Kim Fe Cramer]( shows how a policy designed to increase bank branches in India substantially improved households’ well-being. [PS Big Question: Will Donald Trump’s Indictments Have Economic Consequences?]( [Will Donald Trump’s Indictments Have Economic Consequences?]( [George Soros]( [Joseph E. Stiglitz]( [Lawrence H. Summers]( and more assess the economic stakes of the criminal cases against the former US president. [Europe’s Fading Democracy]( [Yanis Varoufakis]( vents his growing misgivings about the representativeness of the European Union's political institutions. [The Growing Sahel Crisis]( [Carl Bildt]( sees Niger as another falling domino in a region that is hurtling toward chaos and instability. [PS. Register now for our upcoming virtual event, Africa’s Climate Agenda.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.