The global economy 2017

Ten years after the financial crisis, confidence is shaken in the policy and thinking of the central bankers who became the new masters of the universe. Are their models broken? Catch up on the year’s comment and analysis

© Bloomberg

The gap between rich and poor nations narrows as the sources of dynamism in high-income economies slow, writes Martin Wolf

Sometimes the ticking time bomb is in corners of the system that seem dull and safe

Now a recovery is under way economies need to deleverage

The new masters of the universe are struggling to understand what makes a modern economy tick and their actions could prove harmful

The legitimacy of capitalism was undercut, and is unsteady still

Politically motivated objections to policies could cause great harm

More from this Series

Thirty years on, the market is different but has similar characteristics, from high valuations to trading strategies that could accelerate a sell-off

Borrowing in the US is at record highs but the phenomenon is a far wider problem

Global co-operation matters more than short-term gain

Policymakers must reckon with a world in which companies invest in intangible assets

Top economists need to dig deeper after policy failures of past decade

Just when the sky seemed to be at its darkest, the outlook suddenly began to improve

Policymakers should not get in the way of an economy’s ability to self-heal

With similar barriers to entry, EU investment in China has grown more rapidly

This time it is the richest countries that are seeking the safety of their borders