Global financial stability is improving -- we have begun to turn the corner. But it is too early to declare victory as there is a need to move beyond liquidity dependence -- the central theme of our report -- to overcome the remaining challenges to global stability.
The idea of a wife being the primary or sole breadwinner is a relatively new one (though a new study shows that over half of American women are household breadwinners), but speaking as that sole earner: I don't like it.
Public-private partnerships have been critical to New York City's ability to pioneer innovative new policies and programs. We hope that giving people the tools they need to help themselves is not only a compassionate policy, it's a smart investment in our future.
It turns out, unfortunately, that the financial and fiscal problems associated with longevity may be a lot bigger than we thought. The good news is that if we act now, we can find solutions that limit hardship and disruption.
In emerging markets, policymakers must act now to avoid future crises. It is important to maintain the appropriate mix of macroeconomic and prudential financial policies to deal with the challenges posed by capital inflows.
The crisis has forced economists and policy makers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic theory and macroeconomic policy making?
On Tuesday, the government released a report that shows that a rising number of people -- nearly 2 million in April -- are walking away from a secure job. As the economy improves, they're making a career change.