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

Peter Orszag writes that vague, simplistic strategies to limit tax deductions will lose their appeal as the legislative process exposes their flaws.

Sebastian Mallaby argues that President Obama will be unable to stabilize the U.S. debt over the long term without addressing the problem of ballooning health and pension costs.

Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders.

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.

Sebastian Mallaby argues that the European Central Bank should embrace a weighted-vote governance structure in its plans for a new bank supervisory board.

Michael Spence writes that Hurricane Sandy and its aftermath have highlighted the need for greater investment in critical infrastructure to minimize economic disruption after a disaster.

Sebastian Mallaby considers how economic forecasters should adapt their methods to reflect today's high levels of policy uncertainty.

As the edge of the fiscal cliff approaches, Peter Orszag lays out the paths available to the Obama administration in negotiating with Congress over the expiring Bush tax cuts and entitlement reform.

Peter Orszag proposes a placeholder deal to get around Congressional gridlock over the expiring Bush tax cuts by establishing a temporary tax refund that would last until either a permanent deal was reached or the unemployment rate dropped.

Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, analyzes Mitt Romney's budget math. Without questioning the candidate's assumptions on growth or available sources of revenue, they estimate a roughly $1 trillion annual budget gap.

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

Peter Orszag and Jonathan Orszag argue that, though conspiracy theories regarding the Bureau of Labor Statistics are misguided, BLS methods for compiling macroeconomic statistics do need updating to harness the power of "big data."

Peter Orszag argues that Representative Paul Ryan's budget plan would risk stranding elderly patients who wish to remain enrolled in Medicare.

Benn Steil's Wall Street Journal op-ed, co-authored with Dinah Walker, shows that the Fed has effectively been targeting "risk on, risk off"—prodding investors into and out of risky financial assets—for over a decade now. He derives a rule that predicts the Fed's behavior since 2000 even better than the "Taylor Rule" did from 1987 to 1999.

Michael Spence examines the causes of recent distress in both advanced and developing economies and evaluates potential policy responses.

Peter Orszag describes recent research that bolsters the case for shifting away from a fee-for-service health-care system.

Sebastian Mallaby argues that simplicity should trump complexity as finanical regulators seek new defenses against risk.

Peter Orszag defends the Independent Payment Advisory Board as a critically important part of the ongoing effort to shift U.S. health-care away from the fee-for-service model.