PRINCETON – In April 2010, the International Monetary Fund’s World Economic Outlook offered an optimistic assessment of the global economy, …
WASHINGTON, DC – The recent governance controversy at JPMorgan Chase has masked a much larger issue. Regardless of Jamie Dimon’s victory in …
PARIS – At the end of 2011, sovereign-wealth funds’ assets under management amounted to $3 trillion, following 237 direct investments worth …
WASHINGTON, DC – There are two competing narratives about recent financial-reform efforts and the dangers that very large banks now pose aro…
MADRID – Economic globalization, together with a rebalancing of power between the world’s north and south, has made developing countries, an…
CAMBRIDGE – Nothing endangers globalization more than the yawning governance gap – the dangerous disparity between the national scope of pol…
ATHENS – The International Monetary Fund’s belated admission that it significantly underestimated the damage that austerity would do to Euro…
WASHINGTON, DC – Financial reform in the United States and worldwide hangs in the balance. The problems that brought us the terrible crisis …
PARIS – In the early phases of the financial crisis, it was fashionable to argue that the United States’ system of regulation needed a funda…
CAMBRIDGE – In a recent commentary, I examined whether increasing pressure from more rapid stock trading is inducing corporate managers to o…