Leverage For Good: The New World of Social-Purpose Finance

By Lester M. Salamon A revolution is underway on the frontiers of philanthropy. New charitable models hold the promise of leveraging for social and environmental...

Making Sustainable Attainable

By Ian Brooks From its early beginnings as a financially risky and purely philanthropic venture, Sustainable Investing has evolved into not only a viable but...

How Finance is Shaping the Economies of China, Japan, and Korea

By Yung Chul Park, Hugh Patrick, and Larry Meissner In what ways, and to what degree, has the financial system mattered, and what roles has...

Can Financial Innovations Mitigate Civil and Ethnic Conflict?

By Saumitra Jha The failure to align the incentives of self-interested groups in favor of beneficial reform is often considered a major cause of civil...

Financial Transformation to Sustain the Arab Firestorm

By Nasser Saidi The Arab world needs to undertake major structural transformations if it is to effectively address the challenges laid bare by the Arab...

From A Niche Market To The Mainstream: What Has Driven Islamic Banking Growth?

By Patrick Imam and Kangni Kpodar Despite the rapid growth in Islamic banking during the past decade, challenges remain, pointing to the need for further...

Changes at the top in Chinese Banking

By Violaine Cousin At the end of October 2011, the heads of the three financial sector regulators were rotated. It is time to ask what...

Putting Mind into Markets

By David Tuckett The 2008 financial crisis showed that human emotion has a critical impact on financial markets. The newly established discipline of 'emotional finance',...

Too systemic to fail: Consequences, causes, and potential remedies

By Raghuram Rajan Perhaps the single biggest distortion to the free enterprise system is when a number of private institutions are deemed by political and...

Islamic Finance: Is the Time Ripe for a Private Sector Trade Association?

By Robert B Gray The growing significance of Islamic finance has brought into sharp focus the similarities and the potential for convergence with respect...

EDITOR'S PICK OF THE WEEK

China economic growth

China’s Challenging Search for a New Model of Economic Growth

By Danny Leipziger China cannot continue to rely on exports to drive its growth, but what are the alternatives? China ran a $1.2 trillion trade surplus last year, and despite admonitions from the IMF to rely...

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