Op-Eds
Michael Spence explains what China's leadership can learn from Singapore about formulating a growth strategy that is inclusive, stable, and sustainable.
See more in China, Economic Development, Emerging Markets, Geoeconomics
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.
See more in China, Economic Development, Emerging Markets, Geoeconomics, Labor
Sebastian Mallaby argues that the European Central Bank should embrace a weighted-vote governance structure in its plans for a new bank supervisory board.
See more in EU, Financial Crises, Geoeconomics, International Finance
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.
See more in Economic Development, Geoeconomics, Infrastructure, Climate Change, Disasters
Sebastian Mallaby considers how economic forecasters should adapt their methods to reflect today's high levels of policy uncertainty.
See more in United States, EU, China, Economic Development, Financial Crises, Geoeconomics, International Finance
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.
See more in Geoeconomics, Congress, Presidency, U.S. Election 2012
Benn Steil's Forbes op-ed, co-authored with Dinah Walker and Romil Chouhan, shows why President Obama's touting of renewable energy as a job-creator is misguided.
See more in Economic Development, Financial Crises, Labor, Climate Change, Energy, Presidency
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.
See more in Geoeconomics, Congress, Presidency, U.S. Election 2012
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.
See more in Geoeconomics, International Finance, Presidency, U.S. Election 2012
Peter Orszag explains why recent slowdowns in health-care costs will likely persist once the economy recovers and how those savings will help Americans offset falling take-home pay.
See more in Labor, Health, Science, and Technology, Health
Jagdish Bhagwati and Rajeev Kohli refute claims that the arrival of multi-brand, multinational retailers in India will hurt small businesses and farmers.
See more in India, Economic Development, Emerging Markets, Trade
Michael Spence shares his bullish outlook on emerging markets and their ability to rebound from a global growth slowdown.
See more in Africa, Brazil, China, Japan, India, Economic Development, Emerging Markets, Financial Crises, Geoeconomics
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."
See more in Corruption and Bribery, Financial Crises, Geoeconomics, Labor
In the wake of a move to increase instructional time for Chicago public school students, Peter Orszag highlights education research showing a link between more time in the classroom and improved academic performance.
See more in Labor, Children, Education
Peter Orszag argues that Representative Paul Ryan's budget plan would risk stranding elderly patients who wish to remain enrolled in Medicare.
See more in Geoeconomics, Health, Science, and Technology, Health, Congress, U.S. Election 2012
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.
See more in Financial Crises, Geoeconomics, International Finance
Michael Spence examines the causes of recent distress in both advanced and developing economies and evaluates potential policy responses.
See more in Economic Development, Financial Crises, Geoeconomics, Infrastructure, International Finance, Trade
Peter Orszag describes recent research that bolsters the case for shifting away from a fee-for-service health-care system.
See more in Geoeconomics, Health, Science, and Technology, Health
Sebastian Mallaby argues that simplicity should trump complexity as finanical regulators seek new defenses against risk.
See more in Financial Crises, Geoeconomics, International Finance
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.
See more in Geoeconomics, Health, Science, and Technology, Health, Congress