As the role of the World Bank diminishes, capital fromprivate lendersto developing nations has increased by three hundred times.

Why all countries will come together more and more to hold the World Bank accountable for its questionable practices.

By resisting revaluation, Mr. Hu is making China poorer in order to maintain the principle of communist control of the economy and so understands that leaders often must act on principle.

The real risks in the reaction to the sale of U.S. terminal operations to a Dubai company are alienating our allies and disrupting the flow of capital ata critical time in our economic history.

We are the world's only superpower, and that means setting objectives, communicating them, and carrying out plans to achieve them.

Growing competition has swept away long-entrenched monopolies in private markets. Now it is the turn of the most powerful and entrenched monopolies: the monopolies of government.

How U.S.-Russian relations will be affected by the war in Iraq.