HONG KONG – The California summit between US President Barack Obama and Chinese President Xi Jinping on June 7-8 comes at a time of heighten…

MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of…

MILAN – The world’s developed economies, of which the United States is by far the largest and systemically most important, face a range of d…

MILAN – Last summer, after two years of growing uncertainty, systemic risk in the eurozone finally began to wane, as conditional commitments…

MILAN – Until recently, relatively little attention was paid to states’ balance sheets. Measurement and reporting were neglected. Even today…

MILAN – New technologies of various kinds, together with globalization, are powerfully affecting the range of employment options for individ…

NEW YORK – China is at a crucial point today, as it was in 1978, when the market reforms launched by Deng Xiaoping opened its economy to the…

NEW YORK – The hurricane on America’s eastern seaboard last week (which I experienced in lower Manhattan) adds to a growing collection of ex…

NEW YORK – With most of the world focused on economic instability and anemic growth in the advanced countries, developing countries, with th…

NEW YORK – The world’s high-income countries are in economic trouble, mostly related to growth and employment, and now their distress is spi…

MILAN – It is no secret that the global economy is struggling. Europe is in the midst of a crisis whose root cause is a structurally flawed …

MILAN – The global economy is experiencing a major growth challenge. Many advanced countries are attempting to revive sustainable growth in …

MILAN – I have just had the privilege of speaking at the main annual conference of Germany’s Economic Council, the economic and business arm…

MILAN – Over the years, advanced and developing countries have experimented, sometimes deliberately and frequently inadvertently, with a var…

MILAN – China and the United States are in the grip of major structural changes that both dread will end the Halcyon era when China produced…

MILAN – I have been surprised by the recent coverage in the American press of gasoline prices and politics. Political pundits agree that pre…

MILAN – Markets and capitalist incentives have great strengths in promoting economic efficiency, growth, and innovation. And, as Ben Friedma…

MILAN – In the 66 years since World War II ended, virtually all centrally planned economies have disappeared, largely as a result of ineffic…

MILAN – If one looks at the trade patterns of the global economy’s two biggest players, two facts leap out. One is that, while the United St…

MILAN – As the economist Mario Monti’s new government takes office in Italy, much is at stake – for the country, for Europe, and for the glo…

NEW YORK – Over the past three decades, hundreds of millions of new workers have entered the global economy. They arrived with various level…

MILAN – As the American economy continues to sputter three years after the global financial crisis erupted, one thing has become clear: the …

MILAN – The recent dramatic declines in equity markets worldwide are a response to the interaction of two factors: economic fundamentals and…

MILAN – In rapidly growing emerging markets, a combination of internal economic forces, supportive policies, and the shifting nature of the …

MILAN – The global economy’s most striking feature nowadays is the magnitude and interconnectedness of the macro risks that it faces. The po…