Economics

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Snapshot,
Matt Mossman

In recent years, Occupy Wall Street hasn’t been the only group worried about how the spoils of economic growth have been distributed. Governments worldwide increasingly share the sentiment: like the pinched middle classes, they feel that corporations are taking too much of the profits for themselves. Here's the OECD and G-20's plan to get them to pay more.

Snapshot,
Derek Scissors

India needs fundamental change: its rural land rights system is a mess, its manufacturing sector has been strangled by labor market restrictions, and its states are poorly integrated. But, so far, Modi has squandered major opportunities to establish his economic vision.

Snapshot,
Todd Moss and Benjamin Leo

In his first term, Barack Obama's Africa policy was notable mostly for its apathy and false starts. But a newly announced initiative has the potential to be a lasting legacy.

Snapshot,
Sheba Saeed

In South Asia, few beggars work alone. They usually wind up attached to a network, either willingly or not. These networks are of often referred to as a “begging mafia,” perhaps because vulnerable adults and children living on the fringes of society are recruited to beg on the streets and give their earnings to their alleged patrons.

Snapshot,
Nate Schenkkan

The sanctions war between Russia and the West is hurting Russian consumers. But it is buoying the fortunes of several post-Soviet states hungry for Russian markets -- and advancing Putin's vision of a tighter Eurasian community. 

Snapshot,
Adam Heffez and Noam Raydan

Most people who look at war-torn Syria can’t help but see the tragedy. But some are starting to treat Syria as something else entirely: an investment opportunity.

Snapshot,
Tarek Osman

As Arab governments become increasingly authoritarian, the region's middle classes will confront a choice: cast their lot with the ruling elites or stand up to the government and risk their social and economic standing. 

Snapshot,
Seth Kaplan

Life in Nigeria's largest city is changing for the better, offering a potential lesson for struggling states looking to stage a turnaround: mayors and city councils are more likely to embrace positive change than legislatures and presidents -- and far more quickly and effectively.

Essay, SEPT/OCT 2014
Ruchir Sharma

Global investors usually focus on economic data such as GDP growth, employment, and trade. But in today’s trying economic climate, they have started to train their gaze elsewhere: on national political leadership and the prospects for reform.

Interview, SEPT/OCT 2014
Jim Yong Kim

The World Bank's president talks to Foreign Affairs about fighting inequality, his reform program, and who should succeed him.

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