A panel of experts discuss how various international institutions such as the G20, IMF, and World Bank are playing a role in today's system of global economic governance.

This session is part of a Council on Foreign Relations symposium on Rising Powers and Global Institutions in the Twenty-First Century and was made possible through generous support from the Robina Foundation.

A panel of experts discuss how various international institutions such as the G20, IMF, and World Bank are playing a role in today's system of global economic governance.

This session is part of a Council on Foreign Relations symposium on Rising Powers and Global Institutions in the Twenty-First Century and was made possible through generous support from the Robina Foundation.

Michael A. Levi and Katherine Michonski discuss the consequences of the World Bank's refusal to fund a controversial coal-fired power plant in South Africa.

Despite lingering uncertainty about the outcome of Copenhagen's climate negotiations, there are signs that carbon markets will continue to make gains, says World Bank carbon finance expert Joelle Chassard.

Listen to Justin Yifu Lin, chief economist and senior vice president at the World Bank, discuss how stimulus measures may be applied to boost global demand, taking into account the challenges such efforts face in poor nations, emerging economies, and wealthy countries alike.

Watch Justin Yifu Lin, chief economist and senior vice president at the World Bank, discuss how stimulus measures may be applied to boost global demand, taking into account the challenges such efforts face in poor nations, emerging economies, and wealthy countries alike.

The 2010 World Development Report explains how climate change can hinder economic growth and says high-income nations need to reduce their carbon footprints and assist devleoping nations in switching to lower-carbon paths.

Brad Setser argues that while national policy considerations dominate debates on macroeconomic policies, these debates need to take into account the global consequences of their policy choices.

Listen to experts analyze the effect of the financial crisis on developing countries' economies and the roles that the IMF and World Bank play during this time.

This weekend's summit of leading world economies won't match the scope of the Bretton Woods conference, to which it has been compared. But it could send important signals at a time of global economic distress.

In this Wall Street Journal op-ed, Sebastian Mallaby writes that persuading China to change its currency policy would be a worthy goal for a 21^st-Century Bretton Woods. It will be up to the two great powers -- the U.S. and China -- to fashion a deal that brings China into the heart of the multilateral system.

Shantayanan Devarajan, chief economist of the World Bank's Africa region, discusses how Africa will be affected by the global financial crisis.

The World Bank analyzes trends and determinants in rising food prices as well as the impact on countries and households and recommends policy options for governments facing food crises.

A mounting food crisis threatens grave consequences for the world’s poor. Experts blame rising oil prices and self-interested agricultural policies.

In this Washington Post op-ed, Sebastian Mallaby argues that Barack Obama and Hillary Clinton have pushed trade populism beyond the point at which it can be easily forgiven.  Presidential primaries always seem to drive Democrats to the left—and this year's primaries have been painfully prolonged, damaging the party's credibility.

Dr. Martin Feldstein and Mr. Allan Meltzer discuss the global credit crunch, and the ideal role of central banks.

Sub-Saharan Africa is experiencing the largest urban growth in the world, but most development efforts continue to target rural communities.

A South American development bank proposed by Venezuelan President Hugo Chavez is likely to go forward, but not as he envisioned it.