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International Economy

Globalization for the 99%

The Alternative Banking Group of OWS | Posted 05.03.2016 | World
The Alternative Banking Group of OWS

As the hard fight over the Trans Pacific Partnership ("TPP") proceeds, it is important not to confuse the foulness of the TPP's proposed rules with th...

Greece's Former Finance Minister, Yanis Varoufakis, Relates Himself To Bernie Sanders

Quora | Posted 02.18.2017 | Politics

These questions originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. ...

Former Finance Minister Of Greece Reveals The Current State of The Greek Economy - And It's Not Good

Quora | Posted 02.16.2017 | World

These questions originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. ...


Jerry Jasinowski | Posted 02.10.2017 | Business
Jerry Jasinowski

Economic distortions driven by investment "bubbles" have contributed to the debt overhang. The challenge is to recognize that overhang and deal with it. We are making progress cleaning up the debt hangover left by the U.S. housing bubble.

America's Biggest Enemy Is Neither China nor Russia -- It's Us

William H. Overholt | Posted 09.24.2016 | World
William H. Overholt

The gravest threat to American global leadership is neither Russia nor China but continued interest group-driven congressional abandonment of the kind of balanced strategy that won the Cold War.

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

Philipp Mißfelder | Posted 06.20.2015 | 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.

The 'Rising Billion' New Consumers Will Arrive by 2020

Peter Diamandis | Posted 06.06.2015 | 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.

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.

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

Christine Lagarde | Posted 03.22.2015 | 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.

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

Wu Zhenglong | Posted 03.14.2015 | 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.

The Global Economy Is Flying on One Engine -- But There Is Turbulence Ahead

Nouriel Roubini | Posted 01.03.2015 | World
Nouriel Roubini

If the Republican Party takes full control of the U.S. Congress in the midterm election, policy gridlock is likely to worsen, risking a rerun of the damaging fiscal battles that led last year to a government shutdown and almost to a technical debt default. More broadly, the gridlock will prevent the passage of important structural reforms that the U.S. needs to boost growth.

Alibaba, the Golden Child of China's Globalization Strategy

Roselyn Hsueh | Posted 12.15.2014 | World
Roselyn Hsueh

With the world increasingly and economically beholden to China and Chinese business, China's globalization strategy has won dividends at home and abroad.

China's Superbank

Peter Bosshard | Posted 06.11.2013 | World
Peter Bosshard

The engine that transforms the lives of millions of Chinese citizens like Li Liguan is China Development Bank (CDB). The bank channels capital to key sectors and projects in the world's fastest growing economy -- an essential role in any development state.

Jobs as a Scorecard

Otaviano Canuto | Posted 09.26.2012 | World
Otaviano Canuto

Despite a somewhat gloomy prognosis for the near future, emerging and other developing countries still have a great potential to "switch over," and in the mid-term, consolidate their position as the new engines of global economic growth.

Economic Integration: A Quasi-Common Economy Approach

Otaviano Canuto | Posted 11.14.2011 | World
Otaviano Canuto

Is there a way other regions can reap the benefits of integration, in the absence of supranational governance?

The State Department's Jobs Agenda

Robert Hormats | Posted 11.11.2011 | Business
Robert Hormats

The President is rebuilding the economy the American way -- based on balance, fairness, and the same set of rules for everyone from Wall Street to Main Street -- where hard work and responsibility pay and gaming the system is penalized.

The Humanities: Fundamental but Utilitarian

David J. Skorton | Posted 08.15.2011 | College
David J. Skorton

Despite -- and perhaps because of -- stark budget realities, we must have the political will and discipline to support the humanities. Let's aim for funding of the National Endowment for the Humanities at the FY10 level of $167.5 million.

The End of China's Wind Subsidy Program and the Future of Global Clean Technology Markets

Jake Colvin | Posted 08.08.2011 | Green
Jake Colvin

The announcement earlier this week that China would end its controversial wind subsidy program is welcome, but is only the tip of the iceberg when it ...

Larry Summers: 'No Question' U.S.-China Relations More Important Than The Cold War

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

No longer head of President Barack Obama's National Economic Council, economist Larry Summers has no reason to bite his lip anymore. In the most recen...

Why the Middle East Needs Economic Opportunity

Will Marshall | Posted 05.25.2011 | Politics
Will Marshall

Washington's support for authoritarian rulers has yielded neither lasting stability nor moderation, though it has compromised our own liberal values and engendered anti-American sentiment on the street.

Cleaning up Greece's Augean Stable

Eric Margolis | Posted 05.25.2011 | World
Eric Margolis

Greece's financial mismanagement risks igniting the biggest financial crisis since the Dubai crisis, or even the collapse of New York's Lehman Brothers bank in 2008.

Gordon Brown's 'Make-Or-Break' Obama Meeting

Financial Times | James Blitz | Posted 05.25.2011 | World

Gordon Brown's meeting with Barack Obama this week is being portrayed by British officials as a make-or-break opportunity to ­persuade the new US adm...

Learn from Past Mistakes and Move On

Shashi Tharoor | Posted 05.25.2011 | Business
Shashi Tharoor

The recent convulsions in the international financial markets have provoked an unseemly amount of gloating on the part of many in the developing world.

Yale Professor Argues For Global Monetary Authority

Economix | Catherine Rampell | Posted 05.25.2011 | Business

Jeffrey E. Garten, a professor at the Yale School of Management, had a piece in The Financial Times last week arguing for the need for a Global Moneta...