Lawrence Summers

This election, Obama is the wiser economic choice

By Lawrence Summers
October 29, 2012

Even as our politicians disagree on a great deal, most experts can agree on the objectives of economic policy. The next president will not have succeeded in the economic area unless he accomplishes three things:

Job #1 for the IMF: Stay the course and avoid lurches to austerity

By Lawrence Summers
October 15, 2012

If the global economy was in trouble before the annual World Bank and IMF meetings in Tokyo this past weekend, it is hard to believe that it is now smooth sailing. Indeed, apart from the modest stimulus provided to the Japanese economy by all the official visitors to Tokyo, it’s not easy to see what of immediate value was accomplished.