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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.

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…

February 22, 2018

Food and Water Security
Dry Cape Town dam Why Is Cape Town Drying Up?

A historic dry spell has severely affected Cape Town's water supply, and global climate patterns suggest that other cities may face the same fate.

February 21, 2018

Syria
Syrian refugees The Mom's Story I Could Not Forget

Some stories do not leave you. You cannot forget them long after you tell them. And you wonder, often, how they end. Here is one such story. It doesn't yet have an ending, but it is no longer wher…

February 21, 2018

Indonesia
Keeping the U.S.-Indonesia Relationship Moving Forward Fighting ISIS, Piracy, and Crime Should Guide U.S.-Indonesia Relations, Argues Kurlantzick in New Report

February 20, 2018—“The relationship between the United States and Indonesia has long underperformed its potential,” writes Joshua Kurlantzick, senior fellow for Southeast Asia at the Council on Forei…

February 21, 2018

Asia
Trump_Vietnam_11.12.2017 The Trump Administration’s “Free and Open Indo-Pacific”: A Solid Idea, but Difficult to Pull Off

After declaring the “rebalance” to Asia dead, the Trump administration’s “Free and Open Indo-Pacific” strategy appears to be pursing similar goals: containing China’s ability to dominate Asia and bol…

February 21, 2018

Nonproliferation, Arms Control, and Disarmament
Reuters The Uncertain Future of the INF Treaty

Backgrounder examines the Intermediate-Range Nuclear Forces (INF) Treaty, which may now be imperiled by mutual suspicion between Russia and the United States.

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 20, 2018

India
Workers install photovoltaic solar panels at the Gujarat solar park under construction in Charanka village, in Patan district of the western Indian state of Gujarat, India, April 14, 2012. REUTERS/Amit Dave Still Shining? Our Third Annual Review on Solar Scale-up in India

This guest post is co-authored by Joshua Busby, associate professor of public affairs at the Robert S. Strauss Center for International Security and Law at the LBJ School at the University of Texas a…

November 6, 2017

Japan
Abenomics and the Long Legacy of the Consumption Tax Hike Abenomics and the Long Legacy of the Consumption Tax Hike

Abe's consumption tax hike stalled what until then had been a demand led recovery, leading to a three year period with no growth in domestic demand.