Backgrounders

Current political and economic issues succinctly explained.

Abenomics and the Japanese Economy

Author: Beina Xu

Japanese Prime Minister Shinzo Abe has focused his second term in office to implementing an audacious set of economic policies designed to spur the country out of its decades-long deflation and sluggish growth, explains this Backgrounder.

See more in Japan; Economics

U.S. Antitrust Policy

Author: Steven J. Markovich

Antitrust law, which has evolved primarily through landmark Supreme Court cases, plays an essential role in the maintenance of efficient markets and promotion of long-term U.S. economic prosperity.

See more in United States; Corporate Regulation

Germany's Central Bank and the Eurozone

Author: Christopher Alessi

Germany's Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone's debt crisis. This Backgrounder explains.

See more in EU; Monetary Policy

The Role of the European Central Bank

Author: Christopher Alessi

As Europe's central bank moves aggressively to staunch the continent's crisis, some critics are asking if it has exceeded its mandate by stepping into the breach left open by elected leaders.

See more in Europe; Monetary Policy

Renewing America

Renewing America

The Dodd-Frank Act

Author: Steven J. Markovich

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"), signed into law in July 2010, is one of the most significant regulatory reform measures since the Great Depression.

See more in United States; Financial Regulation