A new IMF report exaggerates the gloomy economic backdrop, but there are valid reasons for policymakers to be glum ...

Judging by the results, the United States should be the last country that wants to re-order the world economy. We’ve thrived in recent decades, while other advanced democracies have fallen behind. If ...

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Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, ...

UNTIL 1700 the world economy did not really grow—it just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium ...