Comment

Currency manipulation causes significant damage. The negotiations on the free-trade agreement Trans-Pacific Partnership may offer the best chance to fix this problem. A column by Simon Johnson.

It is too early to say that India will soon take its place as the world’s third largest economy. But, given that India’s investment climate seems to be improving, that moment might not be too far away. A column by Jim O’Neill.

Central banks and markets cannot achieve an orderly global rebalancing on their own. Governments need to pursue comprehensive policy responses. A column by Mohamed A. El-Erian.

The nuclear deal must mark the beginning of the international community’s efforts to engage Iran in addressing the Middle East’s toughest challenges. A column by Carl Bildt.

With much of the monetary divergence now discounted, perhaps we should focus more attention on the other factors that could influence currency movements in the months ahead. A column by Anatole Kaletsky.

In an abrupt turnabout, the White House puts the issue of conflicts of interest in the financial sector on the table, notably the investment advice given to people saving for retirement. A column by Simon Johnson.

The perception that fundamental convictions guided leaders like Churchill, Adenauer or de Gaulle is what enabled them to engage in political trickery effectively. A column by Harold James.

Lower oil prices appear to make it more difficult for the ECB to achieve its target of an inflation rate of close to 2%, but they are a boon for Europe, especially for its most beleaguered nations. A column by Daniel Gros.

The idea that hyper-low interest rates are merely symptoms of deficient demand or financial repression is dangerously simplistic. A column by Kenneth Rogoff.

Central banks might be concerned about the loss of credibility implied by not reaching inflation targets. Or are they more concerned about growth, or about government budgets? A column by Martin Feldstein.

Unless Greece boosts exports, spending cuts will amplify the output loss in the same way that Keynesian multipliers amplified the output gain from borrowing. A column by Ricardo Hausmann.

Europe's challenge is stagnation and rising public-sector fiscal pressures in bloated welfare states. Restoring growth, opportunity, prosperity, and financial stability will require bold solutions. A column by Michael Boskin.