Greenberg Center for Geoeconomic Studies Publications Archive

Op-Ed

How Fed Policy Roils Emerging Markets

Authors: Benn Steil and Dinah Walker
Wall Street Journal

Benn Steil's latest op-ed in the Wall Street Journal, co-authored with Dinah Walker, shows that developing countries running large current account deficits have seen their economies whipsawed by volatile capital flows triggered by unconventional monetary policy at the Fed and elsewhere in the developed world. The clear lesson for such countries is that they should pursue policies which constitute "currency manipulation" in Washington, thereby setting the stage for rising global trade tensions.

See more in United States; Financial Markets; International Finance

Article

Europeís Make or Break Moment

Authors: Charles A. Kupchan and Robert Kahn
Survival

Charles Kupchan and Robert Kahn examine the economic and political crisis in the European Union and discuss ways to restore financial stability, economic growth and political legitimacy to the project of European integration.

See more in Europe; Economics