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July 8, 2010

Palestinian Territories
Benjamin Netanyahu

Related Readings: 'Critical' Moment for Obama, Netanyahu Interview with Robert Danin Remarks by President Obama and Prime Minister Netanyahu of Israel  

February 15, 2018

Europe
“Doom Loop” Binding Weak Banks and Sovereigns Still Haunts Europe “Doom Loop” Binding Weak Banks and Sovereigns Still Haunts Europe

One important reason no one talks about Puerto Rico leaving the “dollar zone” is that the island’s banks have minimal exposure to its government’s debt. There is thus no need even to consider int…

July 8, 2010

Palestinian Territories
A Conversation with Benjamin Netanyahu

Israeli prime minister Benjamin Netanyahu discusses U.S.-Israel relations, the threat of a nuclear Iran, the peace process, and the possibility of extending a temporary settlement freeze in the West …

January 24, 2018

United States
Did Tax Reform Really Give Walmart Employees a Raise? Did Tax Reform Really Give Walmart Employees a Raise?

“Thanks to the Tax Cuts And Jobs Act, Walmart—America’s largest employer—is raising wages,” tweeted House Speaker Paul Ryan on January 11. Walmart CEO Doug McMillon was only too happy to embrace …

January 11, 2018

China
China Is Heaping Debt on Its Least Productive Companies China Is Heaping Debt on Its Least Productive Companies

When Chinese President Xi Jinping failed to mention the word “deleveraging” in his long-awaited new economic blueprint in December it was clear that the political tug of war between the advocates…

January 5, 2018

United States
The Growth Effects of U.S. Tax Reform The Growth Effects of U.S. Tax Reform

In Foreign Affairs online last month, we used our own implied earnings growth (IEG) estimates from stock prices around the world to evaluate President Trump’s impact on the U.S. market. We found …

December 20, 2017

Economics
The Phillips Curve Is Dead. Long Live the Phillips Curve! The Phillips Curve Is Dead. Long Live the Phillips Curve!

“I am confident that the apparent disconnect between growth and inflation is a temporary phenomenon,” said ECB executive board member Yves Mersche on December 6. The “deep downturn” in the Eurozo…

December 13, 2017

Japan
Japanese Monetary Policy Is Working, But the BoJ Can’t Tell You Why Japanese Monetary Policy Is Working, But the BoJ Can’t Tell You Why

In September 2016, the Bank of Japan adopted a new strategy to boost the flagging Japanese economy: “yield curve control,” or YCC. The aim was to widen the gap between long- and short-term intere…

November 17, 2017

Economics
Fed's Projected Balance-Sheet Evolution & Projected Policy-Rate Increases Will Powell Be an Accidental Hawk?

Fed Chair nominee Jerome (Jay) Powell was a logical choice for Fed chair. A business-friendly Republican, he is likely to push forward President Trump’s deregulation agenda in the financial sector wh…

November 8, 2017

Nigeria
Nigeria-Restructuring-Cocoa-Economy-States Fifty-Seven Years After: The Case for Restructuring Nigeria

Fifty-Seven years after independence from Britain, it's time for Nigeria to restructure and return to a stronger form of federalism.