12 Results for:

October 31, 2011

China
Historical Precedents for Internationalization of the RMB

Overview The twentieth century saw the rise of the U.S. dollar, the German mark, and the Japanese yen as international currencies. Now the Chinese renminbi is on a similar course toward reserve cu…

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April 7, 2010

Economic Crises
Prime Brokers and Derivatives Dealers

Overview Runs by prime-brokerage clients and derivatives counterparties were a central cause of the global financial crisis. These runs precipitated the failures of Bear Stearns and Lehman Brother…

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April 1, 2014

Ukraine
Global Economics Monthly: April 2014

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn discusses further sanctions on Russia and their economic ramifications.

August 22, 2016

Brexit
Global Economics Monthly: August 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that markets have absorbed the initial economic shock from Brexit, but navigating the new landscape will remain a challenge. Two months after the vote, the politics of Brexit is producing a lengthy and uncertain renegotiation of Britain’s place in Europe and the world. Such extended uncertainty is likely to produce a long-lasting drag on both UK and European economies, which could ultimately threaten the viability of the European Union (EU).

July 23, 2012

Security Alliances
Japan-South Korea Relations: Time to Open Both Eyes

There is an old Russian proverb that applies to current Japan-South Korea (ROK) relations: "Forget the past and lose an eye; dwell on the past and lose both eyes!" The Japanese, it would appear, are …

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