International Selection

Quantitative easing benefits the few who need it the least. That is not exactly a recipe for a broad-based and socially optimal economic recovery. A column by Stephen S. Roach.

Ben Bernanke has established the rudiments of a more collegial and balanced decision-making process within the Fed. His successor should be chosen with the goal of building on this achievement. A column by Simon Johnson.

For the most part, India’s current growth slowdown and its fiscal and current-account deficits are not structural problems. They can all be fixed by means of modest reforms. A column by Raghuram Rajan.

Businesses are starting to wake up to the mounting risks that water – whether in overabundance or scarcity – can pose to their operations and bottom line. A column by Andrew Steer.

China’s future prosperity requires restricting government officials’ administrative discretion, reducing state-owned enterprises’ power and subsidies, and strengthening the rule of law by developing an independent judiciary. A column by Michael J. Boskin.

The eurozone’s game of financial hide-and-seek, has as its objective to reduce the burden on the ECB, which would have run into difficulties without help. A column by Hans-Werner Sinn.

Simon Johnson, Professor at MIT and former chief economist of the IMF, calls for much higher capital requirements for big banks.

Since 2009, when financial distress hit the eurozone’s periphery, Europeans have faced this question: Are political interests so overwhelming that they justify assuming large, unlimited und uncontrollable liabilities? A column by Harold James.

Five years after the collapse of Lehman Brothers, Bill White is worried that another banking meltdown might happen again. The former Chief Economist of the Bank for International Settlements (BIS) argues that capital ratios are still far too low.

One might be inclined to interpret the amazing emerging-market performance as a consequence of the growth in the amount of real stuff that these economies produced. But that would be mostly wrong. A column by Ricardo Hausmann.

The collapse of Lehman Brothers has generated previously unthinkable outcomes, with profound implications for current and future generations. These our systems of governance have yet to address properly. A column by Mohammed El-Erian.

The current increase in debt/GDP ratios in southern Europe should not be interpreted as proof that austerity does not work. A column by Daniel Gros.