While infrastructure is of course important, it must be part of a bigger vision. The point is not to simply dig ditches but to steer those investments towards transformational growth.

An interesting attribute of public banks is that they don't only de-risk the downside, but also get a share of the upside.

We should be investing where the public returns are greatest - that is in innovation.

Once we admit that the public sector takes an immense amount of risk along the entire innovation chain, it becomes crucial to find ways to share both risks and rewards.

Germany is using its Energiewende policy as a way of envisioning a green transformation and innovation across many sectors.

With a Trump administration we don't know enough yet to make predictions, but if past behavior is any indication, I am not encouraged.

Brexit has shrunk the market opportunities. Exiting trade deals will do the same for the U.S. Those deals must be actively shaped and governed to make growth more inclusive.