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Global Economy

IMF Chief: Closing The Gender Gap Makes Economic Sense

The Huffington Post | Alena Hall | Posted 02.23.2015 | Business

Gender equality is an economic principle, not just a concept of female empowerment.

The Financial Truth That Dare Not Speak Its Name

Julie Gray | Posted 02.09.2015 | Impact
Julie Gray

Poverty. It's a word we associate with other people, who most likely live in huts and drink dirty water. Or we think of urban poverty, with crime and dirty streets and chain link fences. Poverty - being poor - is not something that we do. Until we do.

Hot and on Demand Parking Service ZIRX CEO Sean Behr Shares His 15 Year Entrepreneurship Journey

David Ongchoco | Posted 02.05.2015 | Business
David Ongchoco

The sharing economy is on the rise. We've seen a big shift in the markets of public transportation and accommodation because of the likes of Uber and Airbnb respectively.

Are We Past the Point of No Return When It Comes to Inequality?

Aaron Pacitti | Posted 02.06.2015 | Politics
Aaron Pacitti

Policy makers must find ways to stop inequality's march. Failure to do so will cause wealth to become more concentrated in the hands of a few, lowering the standard of living for everyone else, creating a reversal of the shared prosperity that characterized much of the 20th century.

Why the Trans-Pacific Partnership Is Bad for Workers, and for Democracy

Heather Gautney | Posted 02.03.2015 | Politics
Heather Gautney

Over the past few months, protests have erupted in the halls of the U.S. Capital, and in the streets outside, to thwart the passing of the Trans-Pacific Partnership (TPP)--a boon to corporate interests, the protesters argue, and an anathema to U.S workers.

Think of the World as a Country

Jacques Attali | Posted 02.03.2015 | World
Jacques Attali

The whole world economy is now a single economy. And one cannot understand it by juxtaposing the analysis of national economies and their trade exchanges. We must think of the world as a single economy; as a country. But a country without rule of law or regulatory state.

Has the Greek Revolt Buried German Austerity?

Joschka Fischer | Posted 02.02.2015 | World
Joschka Fischer

BERLIN -- Not long ago, German politicians and journalists confidently declared that the euro crisis was over; Germany and the European Union, they believed, had weathered the storm. Today, we know that this was just another mistake in an ongoing crisis that has been full of them. The latest error, as with most of the earlier ones, stemmed from wishful thinking -- and, once again, it is Greece that has broken the reverie.

Trade Deals Would Open New Channels for Small Business Growth

Administrator Maria Contreras-Sweet | Posted 01.29.2015 | Politics
Administrator Maria Contreras-Sweet

Passing new trade agreements would be critical to our smaller exporters, which don't have offshore affiliates to help them overcome trade barriers and gain market access. Trade promotion opens doors for small businesses that would otherwise remain closed.

Why Stupid Politics Is the Cause of Our Economic Problems

Joseph E. Stiglitz | Posted 01.26.2015 | World
Joseph E. Stiglitz

The near-global stagnation witnessed in 2014 is man-made. It is the result of politics and policies in several major economies -- politics and policies that choked off demand. In the absence of demand, investment and jobs will fail to materialize. It is that simple.

The Global Economy and the U.S. Real Estate Market

Daniel Wagner | Posted 01.23.2015 | Business
Daniel Wagner

Since America is not immune to the impact of global economic and political trends, it may not be the case that the current rosy growth projections will ultimately be realized.

A World of Economic Trouble

Richard Barrington | Posted 01.22.2015 | Money
Richard Barrington

These should be happy times for the U.S. stock market. GDP is booming, employment is up and interest rates are low. And yet, throughout the first month of 2015, the stock market has at times behaved as though it were 2008. What happened?

The Change-Maker of Tomorrow: A Young Chinese Woman

Erik Rasmussen | Posted 01.22.2015 | Green
Erik Rasmussen

This week, the Global Opportunity Report proves that we have readily available solutions to some of the biggest risks, and that a new breed of change-makers might take the lead. Risk managers are old school.

Davos 2015: A New Global Context

Richard Attias | Posted 01.22.2015 | Business
Richard Attias

What we expect and what we need from Davos and from a gathering of such pre-eminent leaders is visible proof of their collective intelligence, of their capacity to innovative and proactive cooperation.

7 Themes That Will Dominate Davos 2015

The Guardian | Graeme Wearden and Jill Treanor | Posted 01.21.2015 | World

Last year was the warmest on record, and climate change will be high on the agenda during the first full day of events in Davos. Al Gore, the forme...

Why I Davos

Peter Holmes a Court | Posted 01.20.2015 | World
Peter Holmes a Court

FOR the past couple of years, I have driven across Europe in January to a small and largely ­unheralded ski resort; six-lane ­autostrasses and autoroutes give way to smaller equally clean highways, all lit by the low-rise sun of a European winter.

How Trade and Training Can Boost Global Recovery

Rain Newton-Smith | Posted 01.20.2015 | World
Rain Newton-Smith

With several large trade deals on the global agenda, there is a real opportunity to boost growth for everyone.

Why 2015 Is a Make-or-Break Year for the Global Economy

Christine Lagarde | Posted 01.20.2015 | World
Christine Lagarde

The adoption of the IMF reforms by the United States Congress would send a long overdue signal to rapidly growing emerging economies that the world counts on their voices, and their resources, to find global solutions to global problems.

As Davos Convenes, World Economy Is Poised to Stagnate

Raghuram Rajan | Posted 01.20.2015 | World
Raghuram Rajan

In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.

China's Economic Growth Slows to Lowest Level Since 1990

Sheldon Filger | Posted 01.20.2015 | Business
Sheldon Filger

As with the United States, the massive size of the Chinese economy means that lower GDP growth rates create a headwind for the global economy as a whole. It is therefore no surprise that the International Monetary Fund has just revised its forecast of global economic growth downward by the most substantial margin in three years.

This Challenge Will Determine the Fate of the World's Market Economies

Dani Rodrik | Posted 02.09.2015 | World
Dani Rodrik

Today's technological revolutions calls for a comprehensive reinvention. The potential benefits of discoveries and new applications in robotics, biotechnology, digital technologies and other areas are all around us and easy to see. Indeed, many believe that the world economy may be on the cusp of another explosion in new technologies.

How to Create Inclusive Prosperity -- And Save Democracy

Larry Summers | Posted 01.16.2015 | World
Larry Summers

The primary challenge democracies face is neither military nor philosophical. Rather, for the first time since the Great Depression, many industrial democracies are failing to raise living standards and provide opportunities for social mobility to a large share of their people.

U.S. Should Agree to Democratize the IMF -- Or Get Out of the Way

Wu Zhenglong | Posted 01.12.2015 | World
Wu Zhenglong

In essence, the reforms have been crafted to democratize the IMF governance. Now, those sitting at the head of the IMF's table are either American allies, or its Western partners, whereas the developing countries are underrepresented as a whole. They do not have a say in the IMF decision-making process, or in protection of their fundamental interests.

Attali: Why A ‘Positive Economy' Is Our Only Hope

The European | Max Toll | Posted 01.12.2015 | World

Jacques Attali is one of France’s leading intellectuals and an expert on issues ranging from classical economics to classical music. He told Max...

How Digital Money (Bitcoin) Will Change The World

April Rudin | Posted 01.28.2015 | Business
April Rudin

In mid December, Time Inc. was the latest in a string of companies to announce that it would start accepting bitcoin in payment, following on the heel...

Five Reasons for the Slow Growth of the Global Economy

Michael Spence | Posted 01.05.2015 | World
Michael Spence

The same forces that are dramatically increasing the world economy's productive potential are largely responsible for the adverse trends in income distribution. Digital technology and capital have eliminated middle-income jobs or moved them offshore, generating an excess supply of labor that has contributed to income stagnation precisely in that range. A more muscular response will require an awareness of the nature of the challenge and a willingness to meet it by investing heavily in key areas -- particularly education, health care and infrastructure.