[T]he most powerful underlying force driving increased inequality is not trade by itself but skill-biased technological change—machines and methods that reduce the need for unskilled labor and boost demand for more specialized and skilled workers.

Multitudes are escaping poverty in developing nations while rich economies stagnate.

Sustaining the transformational force of technology and globalization, … while mitigating their polarizing effect within countries, is likely to prove one of the twenty-first century's great challenges.

International wage convergence should not be read as a zero sum game, in which gains for laborers in developing countries are losses for workers in advanced countries.

Why have the fiscal paths of the United Kingdom (radical budget cuts) and the United States (extended tax cuts) diverged so dramatically?

The focus of the G-20 and the IMF, and of the finance ministries that set their agendas, should shift away from global rebalancing, which sounds and plays like a zero-sum game.