Featured Articles

Robin Niblett

Transatlantic Trade-Offs

LONDON – Almost two decades after the idea was first mooted, the United States and the European Union agreed last week to begin negotiating …
Howard Davies

Financial Regulators’ Global Variety Show

PARIS – In the early phases of the financial crisis, it was fashionable to argue that the United States’ system of regulation needed a funda…
Haruhiko Kuroda

India’s Growth Crossroads

MANILA – As the slowdown in the world’s major industrial economies drags on, growth in developing Asia is being affected. A serious burden w…
Anne-Marie Slaughter

The Coming Atlantic Century

PRINCETON – The United States is rising; Europe is stabilizing; and both are moving closer together. That was the principal message earlier …

Growth and Development

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Most recent

Kenneth Rogoff May 23, 2013

Europe’s Lost Keynesians

CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much …
Michael Boskin May 22, 2013

The Debt-Growth Controversy

STANFORD – The recent controversy over errors in a 2010 paper by the economists Carmen Reinhart and Kenneth Rogoff is a sad commentary on th…
Robert Skidelsky May 21, 2013

Austere Illusions

LONDON – The doctrine of imposing present pain for future benefit has a long history – stretching all the way back to Adam Smith and his pra…
Jeffrey Frankel May 20, 2013

The Flawed Origins of Expansionary Austerity

CAMBRIDGE – Several of my Harvard University colleagues have recently been casualties in the crossfire between fiscal “austerians” and fisca…
Michael Spence May 18, 2013

Learning About Growth from Austerity

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…
Barry Eichengreen May 17, 2013

Open-Access Economics

CANBERRA – The brouhaha over Carmen Reinhart’s and Kenneth Rogoff’s article “Growth in a Time of Debt” may be the most conspicuous and incen…
Dani Rodrik May 10, 2013

What Use Are Economists?

CAMBRIDGE – When the stakes are high, it is no surprise that battling political opponents use whatever support they can garner from economis…
Paul De Grauwe May 9, 2013

Debt Without Drowning

LONDON – Since the 1970’s, economists have warned that a monetary union could not be sustained without a fiscal union. But the eurozone’s le…
Daniel Gros May 8, 2013

Europe’s Irrelevant Austerity Debate

BRUSSELS – The most visible symptom of the crisis in the eurozone has been the high and variable risk premiums that its peripheral countries…
Jean Pisani-Ferry May 1, 2013

A Fateful Mistake

PARIS – Controversy is essential to the advancement of science. So the debunking of methodological flaws and a coding error in a paper by th…

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