Differences between the U.S. and eurozone monetary unions go a long way towards accounting for how well or badly each has adjusted in the aftermath of large housing bubbles and severe financial crisis. […]
Propping up the euro through contentious fiscal and banking arrangements, all without adequate guarantees from countries on Europe’s periphery, may not produce the long-term stability that is in the interest of both sides of the Atlantic. […]
The solution to America’s employment problems is not to attempt to stop technology or trade, but rather to increase investment in education and look closely at how skill needs can be better matched with supply. […]
With tighter sanctions on Iran scheduled to go into effect in the second half of this year, global oil prices could spike further, adding uncertainty to fragile global economic prospects. […]
Soaring inequality is front and center in the electoral debate. How does the inequality trend in the United States compare with other countries? […]
The new World Bank president, an American once again, was selected through a process that was far from competitive. However, the presence of two developing world candidates in this year’s field may be a sign that the tide is turning. […]
Over three dozen ex-World Bank officials have backed Nigerian finance minister Ngozi Okonjo-Iweala’s bid for the World Bank’s presidency. But does she stand a real chance of becoming the institution’s first non-U.S. leader? […]
While Jim Yong Kim is a strong nominee for president of the World Bank, it is interesting to imagine how a more desirable and honest nomination process could unfold. […]
The selection process for the World Bank’s top job is far from competitive, but focusing on the presidency obscures the extent to which other high-level positions at both the Bank and the International Monetary Fund are also quota-driven. […]
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. […]
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