Not long ago, the expansion of free trade worldwide seemed inevitable. Over the last few years, however, economic barriers have started to rise once more. The forecast for the future looks mixed: some integration will probably continue even as a new economic nationalism takes hold. Managing this new, muddled world will take deft handling, in Washington, Brussels, and Beijing.
See more in Trade; Globalization; Global
The massive growth of hedge funds has sparked warnings of instability and demands that the industry be regulated. But the fear of hedge funds is overblown, based on a misunderstanding of their role in the international financial system. In reality, hedge funds do not increase risk; they manage it -- and policymakers, rather than clamping down, should make sure hedge funds have the tools to perform this function well.
See more in Emerging Markets
See more in Foreign Aid; Global; Health
See more in Poverty; Women
See more in Corporate Governance; Globalization; Global
See more in Global; Corruption and Bribery
See more in Economic Development; Environmental Policy; Global
See more in Religion; Iraq; Women
See more in International Organizations and Alliances; Economic Development
See more in Agricultural Policy; Trade; Global
Conventional wisdom has long assumed that economic liberalization undermines repressive regimes. Recent events, however, suggest that savvy autocrats have learned how to cut the cord between growth and freedom, enjoying the benefits of the former without the risks of the latter. Washington and international lenders should take note.
See more in Democratization; Economic Development
See more in Emerging Markets; Labor; Economic Development
See more in Global Governance; Economic Development; Foreign Aid
See more in Global; Globalization
See more in Economic Development
See more in Global; Fragile or Failed States; Nation Building
See more in Foreign Aid; Democratization; Global
See more in China; Economic Development
See more in Global; Economic Development; Women
See more in Aging; Foreign Aid; Global