Leaders of the BRICS countries (Brazil, the Russian Federation, India, China, and South Africa) made this declaration at the fourth BRICS Summit in New Delhi on March 29, 2012.

Benn Steil's Financial Times op-ed shows that whereas the impact of the "Buffett Rule" on Warren Buffett's tax liability is trivial, the political capital he has accrued appears to be leveraging his investments.

Sebastian Mallaby asks whether the Fed might fall behind its Continental counterpart in exercising bold economic leadership.

Peter Orszag looks at a dispute over water supplies in the southeastern United States to underscore the need for water policy reforms and greater infrastructure investment.

Michael Spence writes that myopic U.S. energy policies highlight the need for persistence, longer-term thinking, and bipartisanship in U.S. policymaking.

Peter Orszag argues that U.S. business leaders who want better economic policy should work to get more moderates elected to Congress.

Sebastian Mallaby considers how the advent of smart supercomputers raises tough questions about inequality and jobs.

Anti-Germany protests in Athens have highlighted the country's complicated role as de facto leader of Europe while raising concerns about the continent's ability to advance difficult solutions to the sovereign debt crisis.

The EU Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was signed on March 2, 2012.

Jagdish Bhagwati offers a primer on the major economic misconceptions that have allowed protectionism to re-emerge in U.S. trade policy.

Laurence D. Fink, chairman and chief executive officer of BlackRock, discusses the challenges facing the global financial system.

Benn Steil's Financial News column analyzes the disproportionate impact the housing bust has had on young adults, explaining why this is likely to act as a long-term drag on the economy.

Edward Alden highlights the skepticism over international trade that confronts advocates for greater American involvement in the global marketplace.

Terra Lawson-Remer discusses the upcoming gathering of G20 finance ministers in Mexico City.

Peter Orszag explores the relationship between economic downturns and improvements in life expectancy.

Benn Steil's Wall Street Journal op-ed argues that the Fed's recent 3-year low interest rate pledge, combined with an inflation target below current inflation levels, is misguided, given its persistently poor track record with economic forecasting.

Foreign Policy's Clyde Prestowitz writes that the United States shouldn't pretend China is interested in free trade. China's neo-mercantile policies have precedent in Japan, South Korea, Brazil, Germany, and large portions of the rest of the world, he writes--why should China be avoiding the fiscal gray areas that have worked for others?

To achieve sustainable economic growth, Michael Spence says education and values must promote greater awareness of the consequences of individual and collective choices.

Sebastian Mallaby explains how Robert Zoellick has guided the World Bank into an era of greater transparency, collaboration, and innovation.

Peter Orszag outlines five basic principles for U.S. fiscal policy to follow: continue short-term economic support, enact automatic stabilizers, couple stimulus with delayed deficit reduction, raise additional revenue, and move forward on small-scale policy issues.