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February 11, 2015

China
Will China Bail Out Russia? Will China Bail Out Russia?

Russia’s foreign exchange reserves have fallen by nearly 1/3 since October 2013; they’ve fallen 20% just since September 2014.  Whereas the country still has over $300 billion in reserves, about $…

February 20, 2018

India
Workers install photovoltaic solar panels at the Gujarat solar park under construction in Charanka village, in Patan district of the western Indian state of Gujarat, India, April 14, 2012. REUTERS/Amit Dave Still Shining? Our Third Annual Review on Solar Scale-up in India

This guest post is co-authored by Joshua Busby, associate professor of public affairs at the Robert S. Strauss Center for International Security and Law at the LBJ School at the University of Texas a…

February 2, 2018

Monetary Policy
Federal Reserve The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

January 10, 2018

Zimbabwe
Zimbabwe-Mnangagwa-Mzembi-Mugabe-Grace Mnangagwa Tightens the Screws in Zimbabwe

In the short term, Mnangagwa’s strategy of economic liberalization while maintaining Mugabe’s illiberal political system (despite some new faces at the top) is likely to succeed.

October 11, 2017

Diplomacy and International Institutions
Japan's Prime Minister Shinzo Abe, World Bank President Jim Yong Kim, U.S. President Donald J. Trump, Ivanka Trump, German Chancellor Angela Merkel, and Canada's Prime Minister Justin Trudeau during the G20 summit in Hamburg, Germany on July 8, 2017. Trump, the World Bank, and the IMF: Explaining the Dog that Didn’t Bark (Yet)

A big surprise of Donald Trump’s “America First” presidency has been the moderate tone he has adopted toward the World Bank and International Monetary Fund (IMF), which hold their annual meetings in …

September 28, 2017

Nigeria
Nnamdi-Kanu-Biafra-Nigeria-IPOB Nnamdi Kanu and the Indigenous People of Biafra

The government of Nigeria has formally labeled the Indigenous People of Biafra (IPOB) a terrorist organization. Following a September 14 military attack on his house in Umuahia, the capital of Abia s…

September 20, 2017

Nigeria
Biafra-Nigeria-Ozo-Onna-Kanu-Independent Biafra is Back

Tension is rising in Nigeria over secessionist claims by “Biafran” organizations in southeast Nigeria. The Nigeria Security Tracker for the week of September 9 to 15 documents significant bloodshed i…

September 29, 2004

Economic Crises
Bailouts or Bail-ins?

Roughly once a year, the managing director of the International Monetary Fund (IMF), the U.S. Treasury secretary, and, in some cases, the finance ministers of other G7 countries get a call from the f…

March 20, 2009

Monetary Policy
Did the Fed bail out China by buying Treasuries?

No. Not really. At least not in the sense that is usually argued. China has no need to sell foreign assets like Treasuries to finance its domestic fiscal stimulus so long as it is running a lar…

April 4, 2017

Education
RTR35CTW Delivering on Promises to the Middle Class

This article was co-authored with David Brady, Deputy Director and Senior Fellow at the Hoover Institution and Professor of Political Science at Stanford University. MILAN – US President Donald Trum…