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January 15, 2021

Transition 2021
Transition 2021: What Can Biden Get Done?

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Biden faces substantial obstacles in his bid to remake U.S. foreign policy after four…

Vice President-Elect Kamala Harris sits behind President-Elect Joe Biden as he speaks at a podium labelled "Office of the President Elect."

April 15, 2020

China
Despite New China-Africa Tension, Beijing Has a Pivotal Role to Play in Africa's COVID-19 Recovery

Beyond expressing legitimate concerns about the treatment of Africans in Guangzhou, U.S. officials would be wrong to add sow further discord between China and its African partners. It benefits no one. China must be a partner to international financial organizations in their aid to Africa, financing loans, suspending debt payments, and providing stimulus.

Femi Gbajabiamila, speaker of the Nigerian House of Representatives, meets with Zhou Pingjian, the Chinese ambassador to Nigeria, to discuss the mistreatment of Africans in China, on April 20, Abuja, Nigeria. Both speakers where masks and sit apart from each other, Ambassador Zhou in a blue suit with a teal max, on an armchair, and Speaker Gbajamiamila in grey with a white mask on the opposite side of a couch in the speaker's very green office.

December 11, 2020

Transition 2021
Transition 2021: Should a Retired General Be Secretary of Defense?

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Biden’s nomination of General Lloyd Austin to be secretary of defense raises question…

Retired General Lloyd Austin speaks at a podium as President-Elect Joe Biden sits behind him.

March 16, 2023

Economics
How an SDR Denominated Bond Could Work

How would an SDR bond work? Could such a bond issue help stretch the World Bank's and safely mobilize billions to fight poverty and finance investments in clean technology in the world's frontier mar…

World Bank Building

December 4, 2020

Transition 2021
Transition 2021: The Looming Iran Crisis

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Iran will likely provide an early test for Biden and his national security team.

The Iranian flag flies in front of a nuclear power plant.

December 2, 2008

Budget, Debt, and Deficits
Capitalism's End?

The financial crisis has triggered a sharp expansion in government. Some commentators portray this as a paradigm shift--a shattering of the faith in free markets and small government in the U.S. Bu…

Capitalism's End?