ROTTERDAM – People who are lower on the socioeconomic ladder (indicated by their level of education, occupation, or income) have shorter and…
ZURICH – It is all too easy to envy China. At current growth rates, the Chinese economy will double in size in only nine years, raising an e…
BASEL – The world’s central banks are engaged in one of the great policy experiments in modern history: ultra-easy money. And, as the experi…
PITTSBURGH – Almost all recoveries from recession have included rapid employment growth – until now. Though advanced-country central banks h…
BRUSSELS – European policymakers have decided that they must be seen to be “doing something” about youth unemployment. A special summit of E…
CAMBRIDGE – The world’s major central banks continue to express concern about inflationary spillover from their recession-fighting efforts. …
PRINCETON – It is increasingly popular to think of Europe in binary terms. French President François Hollande is constantly flirting with th…
NEW YORK – The “branding” of modern central banking started in the United States in the early 1980’s under then-Federal Reserve Board Chairm…
VENICE – The run-up in gold prices in recent years – from $800 per ounce in early 2009 to above $1,900 in the fall of 2011 – had all the fea…
KIGALI – There is no greater hindrance to a country’s long-term economic development than childhood undernourishment. When a growing body do…