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Pricing the Risk of Climate Change

Why U.S. politicians must learn about dealing with reality.

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Obama, Move Over

Strong performances by Xi and Putin at the APEC Summit.

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China: Hiding Your Strength and Biding Your Time

APEC Summit reflections on China’s impressive policy and reform path.

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For Whom the Wall Fell? A Balance Sheet of the Transition to Capitalism

Only 1 out of 10 people living in “transition” countries have seen a successful transition to capitalism and more democracy.

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My Two Big Worries About the World Bank

Is the World Bank becoming irrelevant?

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Japan Rolls the Dice: A Report From Tokyo

On the global consequences of a large economy refusing to reform itself.

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Mr. Obama: To Attack Inequality, Expand Vocational Training

The United States sends too many kids to college.

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Chelsea and Beyond: How the Rich Will Destroy Soccer

The excess of capital pouring into professional soccer will inevitably bring about its demise.

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Bolivia: Where Socialism Appears to Work

Bolivia’s remarkable example of advancing economic and social inclusion.

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Pity Poor Germany? Leadership Comes with Responsibility

How can an economy, which represents only 4.9% of global GDP, be so central to the global economic outlook?

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