Benn Steil's Wall Street Journal op-ed explains the unique historical circumstances in which the Bretton Woods international monetary system emerged in 1944, and why calls for "a new Bretton Woods" today will go unsatisfied.

Moving away from fossil fuels could be devastating for some of the world's poorest countries, says Michael A. Levi.

Peter Orszag outlines the obstacles that China faces on the road to becoming a high-income country and explains why other nations should take note.

Jagdish Bhagwati argues that growth can reduce poverty and that slow economic growth will hurt social development, which he also argues in his new book with Arvind Panagariya, "India's Tryst with Destiny: Debunking Myths that Undermine Progress and Addressing New Challenges."

Joshua Kurlantzick shares an excerpt from his new book, Democracy in Retreat, which revolves around a disturbing thesis: that after a steady increase in the number of democracies in the world for nearly a century, autocratic rule is on the march.

Sebastian Mallaby argues that microeconomic struggles are tarnishing the macroeconomic success of the BRICs.

Shannon K. O'Neil says, "[American] perceptions reflect the Mexican reality that dominates headlines: soaring crime rates and gruesome murders in a war against drug traffickers. But this window into Mexico overlooks an economic transformation and deepening ties with the United States that reflect a dramatically different country."

Michael Spence explains what China's leadership can learn from Singapore about formulating a growth strategy that is inclusive, stable, and sustainable.

Peter Orszag explains how the transition of Chinese workers from farms to factories has a large role to play in determining the growth rate of the Chinese economy.

Charles A. Kupchan argues that the twenty-first century will witness a global power transition as China, India, Brazil, and other rising states challenge Western dominance.

Over the past several years, the most talked-about trend in the global economy has been the so-called rise of the rest, which saw the economies of many developing countries swiftly converging with those of their more developed peers.

Jagdish Bhagwati and Rajeev Kohli refute claims that the arrival of multi-brand, multinational retailers in India will hurt small businesses and farmers.

Michael Spence shares his bullish outlook on emerging markets and their ability to rebound from a global growth slowdown.

Beijing's increasing diplomatic and commercial presence in Africa has led to a grassroots backlash across the country from its native residents.

With the London summer games at an end, economist Jose Ursua discusses whether or not Olympics have a financial impact for host cities, and the broader implications for the global economy.

Terra Lawson-Remer and Joshua Greenstein say, "Many resource-rich African countries make poor use of their wealth... Instead of creating prosperity, resources have too often fostered corruption, undermined inclusive economic growth, incited armed conflict and damaged the environment."

Jagdish Bhagwati writes that the Doha round's failure at the hands of U.S. negotiators forebodes the return of protectionism.

Isobel Coleman and Ashley Harden discuss the impact of mobile telecommunications technology on the developing world and its access to financial services.

Jagdish Bhagwati weighs the fate of the Indian National Congress, which he says is plagued by scandals, a worsening economy, and growing dissatisfaction with the Nehru-Gandhi "brand."

Joshua Kurlantzick argues that state capitalism can be conducive to innovation.