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May 26, 2015

Asia
Japan and South Korea Should Bridge Their Differences, Snyder and Glosserman Write in New Book

Japan and South Korea are Western-style democracies with open-market economies committed to the rule of law. They are also U.S. allies. Yet despite their common interests, shared values, and geograph…

June 2, 2017

South Korea
Prospects for Japan-South Korea Cooperation Under Moon Jae-in Prospects for Japan-South Korea Cooperation Under Moon Jae-in

Scott Snyder (ssnyder@cfr.org), senior fellow for Korea studies at the Council on Foreign Relations, and Brad Glosserman (brad@pacforum.org), executive director of the Pacific Forum CSIS, are coautho…

July 30, 2018

International Economic Policy
Gone Fishing

I am planning to take the next few weeks off—no blogging. That at least is the plan, barring a major financial surprise. It thus seems a natural time to look back at the topics I have covered in t…

July 26, 2018

Vietnam
Is Vietnam the New China? Is Vietnam the New China?

Vietnam appears to be taking a page out of China's post-WTO playbook by intervening to keep its currency weak and its exports strong.

July 23, 2018

China
China’s Currency Is Back in Play China’s Currency Is Back in Play

China's currency is getting awfully close to some key levels, levels where in the past China has resisted further depreciation. The signals China sends from here on will be critical.

July 26, 2018

NAFTA
Oil Production Has Moved North, and Auto Production South Oil Production Has Moved North, and Auto Production South

Both Mexico and the U.S. are in a sense adjusting to (mild) oil shocks ...

July 16, 2018

Puerto Rico
Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year

Sales tax revenues have recovered. Fiscal year 2019, which started in July, should be a good year thanks to Federal disaster aid. The real question though is what happens when Federal aid starts to f…

April 25, 2018

Ireland
Irish Flag and Apple Logo Tax Avoidance and the Irish Balance of Payments

At this point, profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.

July 10, 2018

China
My Latest Take on China's Foreign Exchange Intervention Proxies My Latest Take on China's Foreign Exchange Intervention Proxies

This one is for my currency trading friends...

July 9, 2018

China
Staff members set up Chinese and U.S. flags for a meeting between Chinese Transport Minister Li Xiaopeng and U.S. Secretary of Transportation Elaine Chao at the Ministry of Transport of China in Beijing, China April 27, 2018 U.S.-China Trade War: How We Got Here

Background reading for the trade war with China.