A few years ago, countries were seeking to expand their financial sector (move toward the left in the chart) in order to accelerate economic growth. But the crisis has made states more aware of the…

Nigeria, South Africa, and Angola are supporting the candidacy of Nigeria’s foreign minister, Ngozi Okonjo-Iweala, for the World Bank (WB) presidency. For that office, President Obama has nominated t…

The Bank of Japan (BoJ) is widely expected to end yield curve control. But Japanese yields will remain low, and foreign bonds will remain attractive to those Japanese investors who don’t have to hedg…

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers May 18 to May 24.  

As we explained in Foreign Affairs on April 27, China is trying quietly to exempt its massive Belt and Road Initiative (BRI) infrastructure loans to poor countries from its agreement to participa…

The World Bank has recently released its Human Capital Index, part of the Human Capital Project. The index seeks to measure how much economic productivity per capita is being lost because of underinvestment in human capital.