Emerging market and developing economies are still going strong, but in advanced economies, there appears to be a growing bifurcation between the United States on the one hand, and the Euro area on the other.

The world recovery can continue, and can strengthen. The right pace of fiscal consolidation, continuing expansionary monetary policy, getting the financial sector back to health to decrease borrowing costs, and solidarity, especially within the Euro zone, are all of the essence.

Uncertainty, even of the unusual variety, does not -- and should not -- translate into investor paralysis.

For the past six months, the world economy has been on what is best described as a roller coaster.

Amid the heaviest snowfall in Davos for decades, IMF chief Christine Lagarde has been making her case for urgent action to resolve the eurozone crisis, which is at the center of current global economic concerns.

With the right set of measures, the worst can definitely be avoided, and the recovery can be put back on track. These measures can be taken, need to be taken, and need to be taken urgently.

WASHINGTON — Global leaders are sharply at odds over how to rescue Europe from its escalating debt crisis: Should they focus more urgently on ec...

After a year characterized by major upheavals, many feel like we are watching a global system disintegrate: financial and debt crises, unemployment, political paralysis, social inequality, food and energy crises, and the list goes on. There is an urgent need for leaders to act.

The global economy has entered a dangerous new phase. The recovery has weakened considerably, and downside risks have increased sharply. Strong policies are urgently needed to improve the outlook and reduce risks.

WASHINGTON - The surge of hot money that has vexed many emerging markets may slow dramatically once the U.S. Federal Reserve begins raising interest...

Europe's sovereign debt crisis, fiscal challenges in advanced economies, concerns about overheating in emerging market countries, and the impact of rising food prices. These were the hot topics this year in Davos.

Achieving a "strong, balanced, and sustained world recovery"--to quote from the goal set in Pittsburgh by the G-20--was never going to be easy. It req...

Achieving strong, sustained and balanced growth will not be easy. It will require fiscal consolidation in advanced countries, exchange rate adjustments, and a rebalancing of demand across the world.