China is becoming an increasingly significant economic partner for Latin America. But its rise is part of a broader, long-term shift towards a world in which emerging markets have greater economic weight. […]
Over the past several decades, the World Bank has broadened its approach to growth and poverty reduction by moving beyond hard infrastructure initiatives to systemic reforms in education and health care and the development of social safety nets. […]
After extensive negotiations, Europe has agreed to a new bailout package for Greece, but the deal comes with new, strict conditions. […]
Despite delays, the Greek rescue package will almost certainly be approved in the coming days. Whether or not the deal will prove to be sustainable is a much more difficult question. […]
Europe needs to help, but even with help, Italy faces big changes and, assuming all goes well, two or three difficult years lie ahead. […]
2012 has the markings of a difficult year. The future of the euro is inscrutable and Europe is likely already in recession. Growth is slowing in the major emerging economies, and the recovery in the United States remains slow and fragile. […]
Congressman Chris Van Hollen, the senior Democrat on the House Budget Committee, discussed what steps Congress can realistically take during the months ahead to reduce unemployment and improve America’s long-term economic outlook. […]
Though globalization is increasing labor market integration and income inequality, policymakers should help workers adjust to a changing world rather than erecting protectionist measures. […]
In 2008, the G20 proved to be an effective forum for coordinating action to stem the global financial crisis. But now that the storm has passed, it remains to be seen if the G20 is capable of assuming leadership on key economic governance issues. […]
Though Europe can help itself economically by lowering interest rates and accelerating structural reforms, financial contributions from non-European countries through the IMF are needed most. […]
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