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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 28, 2017

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China. Trump's Looming Hard Line on China

U.S. President Donald J. Trump’s first visit to Beijing was an exhibition of mutual flattery. China rolled out the red carpet for what it termed a 'state visit plus,' replete with unprecedented pomp …

May 22, 2018

Trade
Soybeans China Trump's China Deal is the Worst Ever

Accord focused on soybeans and gas does nothing about huge tech-sector challenges.

May 21, 2018

North Korea
North Korea’s May 16, 2018 Statements and Their Implications for a Trump-Kim Summit North Korea’s May 16, 2018 Statements and Their Implications for a Trump-Kim Summit

North Korean authorities issued two separate statements on May 16, 2018, that have been reported to cast doubt on prospects for the Trump-Kim summit scheduled to occur in Singapore on June 12. The st…

May 21, 2018

United States
Meeting the Challenge of Slow-Motion Crises

The United States faces three slow-motion crises—the future of work, climate change, and the federal debt—that we risk not tackling until it is too late.

May 18, 2018

Foreign Aid
Pepfar HIV testing PEPFAR’s Impact on Global Health Is Fading

During its fifteen years, PEPFAR has become one of the most important global health initiatives ever launched. However, its influence is fading, threatening the global fight against HIV/AIDS as the s…

May 16, 2018

Nigeria
Nigeria-Herdsmen-Killings-Christians Nigerian Catholic and Tiv Leaders Respond to Violence in the Middle Belt

There is now more violence in Nigeria’s Middle Belt than in the northeast, where Boko Haram continues its operations. Ostensibly, violence in the Middle Belt is driven by conflict between “herders” and “farmers” over land use, ethnic and religious rivalries, and (likely but hard to prove) the agendas of rival politicians.

May 16, 2018

Argentina
How Many Reserves Does a Country Like Argentina Need? How Many Reserves Does a Country Like Argentina Need?

The IMF’s reserve metric tends to overstate the reserve needs of current account surplus countries with little external debt, and understates the reserve needs of current account deficit countries wi…

May 15, 2018

Trans-Pacific Partnership (TPP)
CPTPP signing What Is the Trans-Pacific Partnership (TPP)?

Though President Trump withdrew from the TPP, the remaining members of the trade pact have forged ahead with a new version, leaving the U.S. role in the Asia-Pacific in question.

May 14, 2018

Southeast Asia
Anwar Ibrahim_10.12.2016 Malaysia’s Stunning Election Creates More Questions Rather Than Answers

In a result few pollsters and analysts (including myself) predicted, last week the Malaysian opposition coalition, led by nonagenarian former Prime Minister Mahathir Mohamad, defeated the ruling coal…