UK Prime Minister David Cameron’s anti-corruption summit coincided with the release of an International Monetary Fund staff paper that explains why corruption is bad for economies and suggests ways to eradicate it. But neither these recommendations nor those expressed at the forum will do much to fix the developing world’s problems. That would require much more than better anti-graft ...

  In his attempt to score a point against the opposition, Venezuelan President Nicolas Maduro has declared a three-month state of emergency to face what he called “threats from abroad”. Lacking charisma of his predecessor Hugo Chavez, Maduro grapples with the economic crisis triggered by the low oil prices, and emboldened foes who are gearing up for a vote to ...

  Sara Hsu Recently, in the People’s Daily an unidentified “authoritative figure” discussed China’s likely growth trend, referring to it as an “L-shaped trend.” Observers have assumed that the “authoritative figure” is a top official who cannot be named. The official emphasized that in the first quarter of the year, conditions have stabilized and reform has continued, but that reliance ...