Global politics

Economic predictors are ignoring politics at their peril

Illustration of trend line tangled in U.S. capital building
Illustration: Rebecca Zisser/Axios

When it comes to making predictions about the world economy, policymakers and asset managers are whiffing because they are failing to account for the increasingly dysfunctional state of global politics.

The big picture: The world's top economic concerns — Brexit, the U.S.-China trade war — are the result of policy decisions rather than unavoidable shocks.

Immigration as strength or burden

New American citizens during a naturalization ceremony.
New American citizens during a naturalization ceremony. Photo: Drew Angerer/Getty Images

Pew asked respondents from 18 countries whether immigrants are “a burden on our country because they take our jobs and social benefits” or “make our country stronger because of their work and talents.”

Trends: Greece, Germany and Italy are more skeptical about immigration now than in 2014, while the opposite is true in Spain, the U.K., and France.