The End of Growth
The economic outlook continues to pose a challenge for private operators as well aa the public sector. World Trade shows very little progress. […]
East Asia
Japan and U.S. Perspectives on Southeast Asia Development
Seventy years after World War II, Southeast Asia stands at a crossroads amid multilateral trade negotiations, economic integration initiatives, political turmoil, and the establishment of new development institutions and regional governance frameworks. […]
Asia’s Economic Outlook: A View From the IMF
Though Asia remains the fastest growing region globally, its growth rate is slowing. Are the policies of countries in the region robust enough to deal with external exigencies, and how successful will they be? […]
Will China Derail the Global Recovery?
The short-term China risk must be watched,but the likelihood of a major economic crisis in China spilling over onto the rest of the world and derailing the global recovery is low. […]
That Absurd Fear of Stagnation
Seven years after the outbreak of the financial crisis, bad policies, deficient institutional arrangements, and the mistakes of the past are still tying some of the world’s largest economies down. […]
The Global Economy and China: The View From a Mountain Top
China’s very high rates of saving and investment in infrastructure, plants and equipment, research and development, and human capital should be seen more as a source of strength than of weakness. […]
The End of Convergence?
Convergence, the narrowing of the income gap between poor and rich countries, is one of the great stories of our time. A recent report shows that convergence has slowed in recent years, and that productivity in developing countries is not rising rapidly enough in key sectors. […]
The Truth About Japan’s Economic Decline
Japan’s economic situation is not as dire as some rumors suggest. The country’s growth slowdown is far from terminal—especially if Tokyo implements domestic reforms. […]
Emerging Markets Will Not Sink the World Economy
The difficulties of emerging nations are unlikely to become so severe as to endanger the global recovery. […]
Converging Economic Destinies
The economic convergence of large parts of the developing world with the advanced nations is the great story of the modern era. […]