Michael Spence examines what options the Italian government has for restoring economic growth as eurozone efforts at stabilization the banking sector and sovereign-debt markets founder.

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.

Jagdish Bhagwati contends that proposals for immigration reform centered on guestworker programs will be unsuccessful in stemming the inflow of undocumented workers.

Benn Steil's Wall Street Journal Europe op-ed, co-authored with Dinah Walker, argues that the Bank of England is getting "Libored"—that is, misled and manipulated—by the banks benefiting from its Funding for Lending Scheme. The Fed, which has shown interest in the scheme, should beware.

Because a financial crisis can inflict lasting damage to productivity growth, Peter Orszag argues that the failure of U.S. policymakers to enact a "barbell" fiscal policy now could yield more economic troubles down the road.

Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, shows why last March's Greek debt restructuring left Greece in poor shape to avoid financial collapse

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.

Sebastian Mallaby argues that although it will not solve all U.S. economic woes, a manufacturing renaissance is both possible and desirable.

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

Michael A. Levi says, "The benefits of the oil and gas boom—jobs, wealth and, in the case of natural gas, reductions in greenhouse gas emissions—offer plenty of reasons to continue to develop these resources judiciously. But we should beware of turning this potential blessing into an unintended curse."

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

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

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.

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

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.

Edward Alden says increased internal and external border enforcement as well as economic crisis has decreased the population of unauthorized immigrants in both Europe and the US. Policies should provide incentives to encourage legal migration rather than just disincentives against illegal migration.