If there is one thing we learned from the 2008-2009 global economic recession, it is how much more interconnected the global economy has become and how difficult it is for emerging market economies to decouple from industrialized economies.

In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.

Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.

Pharmaceutical research has generated a string of breakthrough drugs, saving millions of lives and drastically improving quality of life. Ongoing research promises more innovation in the next decade. But miracle drugs raise difficult issues in pricing, especially in developing nations.

Drug manufacturers charge much lower prices in developing nations...

Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

Yes, we need to reduce dishonesty and corruption among our corporations, but we should look to our political class as well.

Francoise Hollande’s defeat of Americain Nicolas Sarkozy does matter when it comes to foreign policy because Sarkozy has arguably been the most alliance-friendly French leader in decades—perhaps ever.