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INTERNATIONAL ECONOMICS

The Growth Imperative

Laura Tyson

With inequality widening and resentment rising in rich and developing countries alike, what can governments do to nurture a large and stabilizing middle class? Are the United States and Europe facing a Japan-style lost decade of lower growth and higher unemployment? Are multinational businesses impossible to tax? Do the advocates of free trade overstate its benefits?

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  • America’s Three Deficits

    Series: The Growth Imperative
    listen download_podcast
    2012-02-02
    The US faces painful choices about how to close its long-run fiscal gap, and a credible plan should be decided now and implemented promptly – but only after the economy has recovered. For the next few years, the priorities of fiscal policy should be jobs, investment, and growth.... read
    Comments: 5   Recommended: 0   Read: 15137
  • Asia Enters the Storm

    Series: 2011 Year End Series
    2011-12-19
    There are growing signs that Asia is becoming caught up in the global slowdown, dashing hopes that the region’s economies would “decouple” from the prolonged recession in Europe and America’s lackluster recovery. But the advanced countries' difficulties are triggering a healthy shift in Asia’s development strategy, with China leading the way.... read
    Comments: 1   Recommended: 0   Read: 3052