Joshua Kurlantzick explores why the "Beijing Consensus" has attracted so many admirers in recent years in this excerpt from his new book Democracy in Retreat.

Benn Steil's Wall Street Journal Europe op-ed, co-authored with Dinah Walker, argues that the Bank of England is getting "Libored"—that is, misled and manipulated—by the banks benefiting from its Funding for Lending Scheme. The Fed, which has shown interest in the scheme, should beware.

While a new round of U.S. quantitative easing will have a negative impact on emerging markets like Brazil, the country should not blame U.S. monetary policy for the structural flaws in its economy, says expert Bernardo Wjuniski.

This report assesses regulations affecting domestic firms in 185 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders.

Academics discuss the state of the American Economy looking forward

Watch out, Wall Street: former Fed chair Paul Volcker takes aim at greedy bankers, a weak financial system, and a flawed Ryan plan in an exclusive interview for Newsweek with Leslie H. Gelb.

The euro's naysayers have it all wrong.

Ray Dalio explains the basic fundamental components and transactions of the global economic machine and shares his views on the current financial crisis. This session was part of the Corporate Program's CEO Speaker Series.

Peter Orszag calls for the revival of Build America Bonds to channel tax subsidies to state and local governments for infrastructure investment.

In the face of persistently high unemployment, policymakers and workers look to innovation and entrepreneurship to create new jobs. This Backgrounder discusses how entrepreneurs create and finance the startups that power U.S. job growth, and the ramifications of policies such as the JOBS Act.

Sebastian Mallaby argues that, by focusing on a "Buffett rule," President Obama is squandering his chance to sell voters on meaningful tax reform.

Charles Duhigg and Keith Bradsher point out that America does not train enough people in the mid-level skills that factories need, a reason for companies like Apple to rely on outsourcing that helps them generate enough profits and keep investing for innovation rather than solving America's problem of unemployment.

Three developments have altered the US economic and financial climate this year - a distinct tightening of credit terms, a sudden slide in confidence, and emerging signs that the US labor market is softening – and they have been powerful enough to compel an almost unprecedented policy response by both the Federal Reserve and the US Government. Roger Kubarych argues that the monetary policy easing and fiscal stimulus will work, albeit slowly, but the effects on financial markets are less clear.

New York remains a global heavyweight in financial services, but markets in London and East Asia are gaining strength and posing a serious challenge to the Big Apple.

Watch leading global business experts discuss the challenges to competitiveness in U.S. capital markets as part of the Council's McKinsey Executive Roundtable Series in International Economics.

Listen to leading global business experts discuss the challenges to competitiveness in U.S. capital markets as part of the Council's McKinsey Executive Roundtable Series in International Economics.

Harvey Goldschmid, Glenn Hubbard, Arthur Levitt, and Frank Zarb address Council members on U.S. Capital Markets Competitiveness as part of the McKinsey Executive Roundtable Series on International Economics.

The Committee on Capital Markets Regulation has issued an interim report on how to keep U.S. capital markets globally competitive.

This report suggests that developed nation policymakers will not likely have to deal with a US stock market decline that precipitates a global downturn. Most likely, guided by active, informed markets and sound government policies, the major economies will rebalance growth as needed and reprice assets gradually, making fears of an American stock market crash moot. There are, nevertheless, sound reasons for concern, which are considered in the report.