4,216 Results for:

February 9, 2018

United States
The Impact of Tax Arbitrage on the U.S. Balance of Payments The Impact of Tax Arbitrage on the U.S. Balance of Payments

I sat down with the FT's Matt Klein for an Alphachat podcast on the international provisions in the December tax reform.

February 22, 2018

Cybersecurity
hackathon To Build a More Capable Cyber Policy Field, Teach Policy to Technologists

Technologists love to criticise policymakers for their ignorance of of how computer security actually works. Instead of criticising from the sidelines, maybe they should get involved. 

February 22, 2018

Puerto Rico
Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico? Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico?

Puerto Rico’s latest fiscal plan appears to use a best case scenario as its base case. It consequently doesn’t provide a realistic benchmark for evaluating Puerto Rico’s long-run capacity to pay.

February 16, 2018

United States
Mapping Capital Flows Into the U.S. Over the Last Thirty Years Mapping Capital Flows Into the U.S. Over the Last Thirty Years

Up until 2014, the growth in central bank dollar reserves closely mapped to the increase in U.S. net external debt. The past few years have been different: for the first time in a long time, yield-st…

February 15, 2018

United States
Trump’s Tax Success Is at the Expense of His Trade Agenda Trump’s Tax Success Is at the Expense of His Trade Agenda

It looks like a combination of tax cuts and spending increases will raise the U.S. fiscal deficit by about 2 percentage points of GDP (that’s the number Krugman used; Goldman’s US economics team puts…

February 12, 2018

China
The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017 The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017

China's balance of payments data doesn't show any material increase in the pace of offshore lending.

February 7, 2018

United States
Do Not Overlook the December Trade Data Do Not Overlook the December Trade Data

The increase in the non-oil trade deficit in December should be getting more attention. It matters more than the year-over-year rise in the 2017 trade deficit.

January 24, 2018

United States
Adjustment Is Hard, Especially if it Involves the Dollar Adjustment Is Hard, Especially if it Involves the Dollar

Trump’s tax cut has not, to date, unleashed a wave of global demand for U.S. dollar assets. In fact, the dollar weakened as prospects for the tax cut—and associated rise in the U.S. federal budget…

November 29, 2017

Zimbabwe
Robert Mugabe Zimbabwe president Robert Mugabe: Icon and Kleptocrat

Zimbabwe’s founding father, Robert Mugabe, ushered his country into independence, then established a tyrannical regime and presided over the destruction of the economy. He was ousted in a November pa…