Government Finance

    Government response to global financial crisis has threatened to crowd out the other important social functions of government the world over. Economic and social development require restoration of governments' ability to effectively tax and borrow within capital markets.

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    Krugman and Stiglitz: Crazy Austerity Policies Inflict Untold Damage on Economy

    Two Nobel laureates, an election, and a shaky economy. The message? We can do a whole lot better. Read more

    Roiling India Politics Risks Economic Reforms

    India’s economic leaders are determined to rein in skyrocketing inflation, but the country’s volatile political landscape may prevent reforms from taking hold. Read more