Peter Orszag explains how globalization is lowering effective corporate tax rates and making it harder for Republicans and Democrats to agree on what tax reforms are needed.

Peter Orszag argues that aggressive action to continue recent slowing in health-care cost growth can help to stabilize the U.S. fiscal trajectory and increase take-home pay.

British Prime Minister Cameron gave these remarks at Bloomberg in London on January 23, 2013. He discussed his view of the future of the European Union and his plans to hold a referendum on the United Kingdom's membership.

The BCBS oversight body endorsed the Committee's new Charter and amendments to the Liquidity Coverage Ratio (LCR) as part of the Basel III reforms, on January 6, 2013.

A remarkably deft work of storytelling that reveals how the blueprint for the postwar economic order was actually drawn.

Sebastian Mallaby argues the lesson from sub-Saharan Africa's economic turnaround is that policies do matter.

Sebastian Mallaby comes down in favor of Ben Bernanke's latest gamble as Fed chairman.

Sebastian Mallaby argues that Europe's future is looking frighteningly like Japan's past.

News, speeches, data, economic organizations and government agencies, research guides and resources related to corruption, labor, and trade.

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.

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

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

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.

Despite an ongoing threat from North Korea, South Korea has emerged as a producer rather than a consumer of international security goods. As a newly elected member of the UN Security Council, South Korea has the opportunity to use these investments as a "middle power" and responsible leader in the international community, says Scott A. Snyder.

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.

Gideon Rachman comments that while European Central Bank President Mario Draghi's recent promise of "unlimited" purchases of sovereign bonds will help save the beleaguered euro, it will also bring increased political and economic unhappiness in Europe.

Wolfgang Münchau writes that despite isolating himself from his peers in the European Central Bank, Jens Weidmann, president of the Deutsche Bundesbank, is actually winning the debate about future ECB policy.

George Soros explains the events that led to the recent bond purchase announcement by the European Central Bank solidifying its commitment to do whatever it takes to save the euro, and discusses the larger political implications this decision will have for the future of the European Union.