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Mahmoud Mohieldin
Getting Cities Right
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Howard Davies
Financial Regulators’ Global Variety Show
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Jaswant Singh
The Road to Asian Unity
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Most recent
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Pingfan Hong
China’s Interest-Rate Challenge
NEW YORK – China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reform…
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Mohamed A. El-Erian
The Japanese Experiment
NEWPORT BEACH – After years of tweaks, Japan has now initiated a major shift in its policy paradigm, with reactions ranging from great optim…
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Zhang Monan
Controlling China’s Currency
BEIJING – It is indisputable that China is over-issuing currency. But the reasons behind China’s massive liquidity growth – and the most eff…
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Nicholas Stern, Amar Bhattacharya, Mattia Romani et al.
A New World’s New Development Bank
NEW YORK – At the conclusion of their summit in Durban in March, the leaders of the BRICS (Brazil, Russia, India, China, and South Africa) a…
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Nouriel Roubini
The Trapdoors at the Fed’s Exit
MUMBAI – The ongoing weakness of America’s economy – where deleveraging in the private and public sectors continues apace – has led to stubb…
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Simon Johnson
Big Banks’ Tall Tales
WASHINGTON, DC – There are two competing narratives about recent financial-reform efforts and the dangers that very large banks now pose aro…
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Kaushik Basu
Two Policy Prescriptions for the Global Crisis
WASHINGTON, DC – One thing that experts know, and that non-experts do not, is that they know less than non-experts think they do. This much …
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Andrew Sheng, Xiao Geng
Lending in the Dark
HONG KONG – The proliferation of China’s opaque, loosely regulated (or unregulated) shadow-banking system has been raising fears of possible…
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Ana Palacio
How to Boost Foreign Investment
MADRID – Economic globalization, together with a rebalancing of power between the world’s north and south, has made developing countries, an…
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Mario I. Blejer
Central Banks’ Outdated Independence
BUENOS AIRES – The global financial crisis has raised fundamental questions regarding central banks’ mandates. Over the past few decades, mo…
