Climbing Out of the Aid Trap
Glenn Hubbard discusses how an old plan can become a new solution to help the world’s poorest nations lift themselves out of poverty — by putting business first.
Are Macro Changes in Store for Microlending?
New financial tools and technologies are poised to change the way microfinance is practiced, says Suresh Sundaresan.
Guiding Monetary Policy with Accountable Autonomy
Assessing the work of the Federal Reserve, Frederic Mishkin contends that communication and transparency must counterbalance the necessary independence of a strong central bank.
Global Customers Seek Global Firms
Noel Capon talks about how firms can retain and grow their most valued customers by shifting from country-based account management to global account management.
Rethinking America’s Innovative Edge
In his new book The Venturesome Economy, Amar Bhidé argues that the willingness and ability of Americans to develop and use innovations derived from the scientific research of other nations is a crucial driver of U.S. prosperity.
A New Global Shock Absorber
The dramatic increase in multinational production has realigned aggregate risk on a global scale, buffering firms and nations from shocks.
Going After Economic Gangsters
In a new book, Raymond Fisman discusses how using the tools of economics to confront corruption can help alleviate poverty and promote stability in the developing world.
Who Benefits from the WTO?
The trade organization doesn’t treat rich and poor nations the same, but all members can gain from collective negotiations.
India’s Growing Pains in the Global Economy
Charles Calomiris discusses India’s adaptation to participating in global markets, its challenges in sustaining growth and its rivalry with China.