The Washington Consensus is on its way out. In a report released this week, the G-7 Economic Resilience Panel (where I represent Italy) demands a radically different relationship between the public and private sectors to create a sustainable, equitable and resilient economy. When G-20 leaders gather on Oct. 30-31 to discuss how to “overcome the great challenges of today” -- including the pandemic, climate change, rising inequality and economic fragility -- they must avoid falling bac

The post-World War II global institutional order is obsolete. This is not a recent development: The need for reform has been apparent for a long time. And yet, the necessary transformation is more comprehensive than many realize and more urgent than ever. The reasons are not difficult to discern. Power is being transferred to new (and more) actors. Nonstate actors have gained more influence. And international cooperation has shifted from a hard-law approach, based on clear rules and treaties,

SK E&S Co., the natural gas provider under SK Group, said Monday it will invest some 500 billion won ($421 million) in its US affiliate, SK E&S Americas, to buy a stake in a US renewable energy firm. In a regulatory filing, SK E&S said it will buy 505 billion won worth of shares in SK E&S Americas, in a bid to invest up to $400 million in Rev Renewable. Rev Renewable is focused on the development and operation of energy storage, as well as renewable projects. Rev Renewable, an

SEJONG -- Seoul has the smallest number of people per household, on average, among the eight major cities across the nation. The average population per household in Seoul fell to an all-time low of 2.16 -- 9.52 million people in 4.42 million households -- as of September, according to the Ministry of Interior and Safety. The average household size of the capital posted a noteworthy slide in the last five years, falling from 2.38 in September 2016 and 2.44 in September 2011. Further, the pace