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December 1, 1999

Emerging Markets
Building the Financial Infrastructure for Middle Class Emerging Economies

Overview The export-led growth model for emerging economies is driven by their need to service external debt and build foreign exchange reserves. It has foundered in the aftermath of financial cri…

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October 20, 2009

Economic Crises
Global Imbalances, National Rebalancing, and the Political Economy of Recovery

Overview Global macroeconomic imbalances—massive borrowing by some countries and massive lending by others—drove the financial boom and bubble that eventually burst into the current crisis. These …

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June 10, 1999

Financial Markets
Private Capital Flows, Emerging Economies, and International Financial Architecture

Overview Firms and development strategies based on a rear-view mirror view will leave companies, projects, and entrepreneurs scrambling for capital access. The control of capital in the developed …

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November 4, 2010

Energy and Climate Policy
Energy Innovation

Overview Low-carbon technology innovation and diffusion are both essential aspects of an effective response to climate change. Studying China, India, and Brazil, Michael A. Levi, Elizabeth C. Econ…

March 6, 2023

Climate Change
Managing the Health Risks of Climate Change

The health of millions stands to be harmed by climate change in the coming decades, but national governments and international organizations remain woefully underprepared. Elizabeth Willetts and Andy…

A man fights a fire on a plain with a palm frond.