The Asian Infrastructure Investment Bank (AIIB) must break from World Bank and Asian Development Bank (ADB) practices to close Asia's $8.3 trillion infrastructure gap during 2016-2020. Otherwise, AIIB's stand-alone 2020 investment capacity, projected at $250 billion, will fall far short of the...

Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic...