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Global Economy

How Liberalism Is Undoing Itself

John Milbank | Posted 04.21.2015 | World
John Milbank

NOTTINGHAM, England -- A new, rootless oligarchy now combines impersonal technocracy with a manipulative populism, while holding in contempt the genuine priorities of most people.

China's New Silk Road Initiative Will Boost the Global Economy

Philipp Mißfelder | Posted 04.20.2015 | World
Philipp Mißfelder

BERLIN -- The New Silk Road Initiative will not only result in an enormous surge in growth for China. With "One Belt, One Road," President Xi Jinping is launching one of the largest development projects in history and offers new perspectives to countries such as Uzbekistan and Tajikistan threatened by terrorism.

Finance Officials: Threats To Global Economy On The Horizon

AP | MARTIN CRUTSINGER and HARRY DUNPHY | Posted 04.18.2015 | Business

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the...

With Presidential Elections, Nigeria Wins. But it Loses, Too.

Sara Kavemi | Posted 04.16.2015 | World
Sara Kavemi

Regardless of your opinion of Mr. Jonathan, and in spite of the handful of bad actors who filled some important positions, he's also had some truly stellar people filling extremely important roles -- people who it will be difficult to see go. The most glaring example is Ngozi Okonjo-Iweala.

Lifelong Learners in a Rapidly Changing World

Jonathan Lash | Posted 04.15.2015 | Education
Jonathan Lash

The pace of change is accelerating, and it's estimated that 70 percent of them will end up in jobs not yet invented. They will collaborate with people on multiple continents, struggling to solve problems we don't yet recognize.

Why Europeans Are Trying to Burn Down Their Central Bank

Mark Dawson | Posted 04.13.2015 | World
Mark Dawson

BERLIN -- Great crises often produce enduring images. For the Israeli-Palestinian conflict, this has often been a terrified child cowering behind protective parents; for 9/11 it was brave firemen rushing headlong into collapsing buildings. Last month saw what could become one of the lasting images of Europe's unending crisis: the sight of burning cars and buildings after riots outside the European Central Bank.

Why the Social Progress Index Is the Best Metric of National Performance

Michael Porter | Posted 04.09.2015 | World
Michael Porter

CAMBRIDGE, Mass. -- I have seen how Rwanda made investing in social progress -- including gender equity, a 61 percent reduction in child mortality in a single decade, and 95 percent primary school enrollment -- integral to its economic development strategy. Rwanda's positive economic performance would not have been possible without improvement in these and other dimensions of social progress.

As U.S. Congress Looks Inward, China Is Reshaping the Global Order by Default

Wang Wenfeng | Posted 04.06.2015 | World
Wang Wenfeng

BEIJING -- The Obama administration clearly understands the urgency for the U.S. to be more active in creating, shaping and reforming the international system and international mechanisms. But a strong domestic consensus in still not in place, and because of obstacles in its political system, America just cannot act in an efficient way.

The 'Rising Billion' New Consumers Will Arrive by 2020

Peter Diamandis | Posted 04.06.2015 | World
Peter Diamandis

On a planet with a 7 billion plus population, more than 4 billion people still don't have access to the Internet. But by 2020, I expect the entire world will be connected.

WATCH LIVE: The World Bank Group's Agenda

Aspen Institute | Posted 04.06.2015 | Impact
Aspen Institute

Join the Aspen Institute in Washington, DC, on April 6 at noon EST for a live Washington Ideas Roundtable Series discussion featuring World Bank President Jim Kim.

The Coming Emerging Market Debt Squeeze

Andrés Velasco | Posted 04.02.2015 | World
Andrés Velasco

SANTIAGO -- The bulk of that debt is in Asia, with China alone accounting for approximately $1 trillion. Other big dollar borrowers include Brazil (over $300 billion) and India ($125 billion). Countries such as Malaysia, South Africa, and Turkey, plus Latin America's more financially open economies, also have rising foreign currency debts.

The Retreatniks

John Feffer | Posted 03.26.2015 | Politics
John Feffer

The new talking point for the Republican Party -- actually, it's an old talking point in expensive new clothing -- is "America is in retreat."

Faith Without Work: Religion Helps Unemployed, Underemployed Stay Healthy

David Briggs | Posted 03.20.2015 | Religion
David Briggs

There are powerful cultural factors equating self-worth and identity to job status and material wealth. But researchers note religious communities may provide several sources of support that buffer the effects of financial crises such as joblessness.

Now That International Women's Day Is Over, What We Need Is More International Women!

Gail Becker | Posted 03.10.2015 | Women
Gail Becker

Is it because women aren't being considered for the international assignments, or because they aren't taking them?

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 04.10.2015 | 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 04.06.2015 | 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 04.06.2015 | 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 04.05.2015 | 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 04.05.2015 | 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 04.04.2015 | 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 03.31.2015 | 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 03.28.2015 | 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 03.24.2015 | 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 03.24.2015 | 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?