Choosing Romer as World Bank chief economist attempts to restore past U.S. dominance in development banking.
Only 1 out of 10 people living in “transition” countries have seen a successful transition to capitalism and more democracy.
The World Bank subtly dodges debate about income inequality in rich countries.
The BRICS countries set out to overcome Western domination and the legacy of the “Washington Consensus.”
About a quarter of the world’s countries individually produce between 0.1% and 1% of global GDP.
In finance and beyond, how is global cooperation failing from its own prior wins?
Why is it in the world’s best interest for China to go slow on deregulating its financial system?
Despite its growing economic and political power on the global stage, why doesn’t China want the world to view it as a model?