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January 23, 2018

Immigration and Migration
 African migrant holds a European Union flag Making Migration Work

The UN is right to underscore the benefits of broad-based international cooperation on migration, particularly regarding measures that could, over time, reduce migrant flows by improving conditions i…

January 2, 2018

Economics
Graduating students arrive for commencement exercises at Boston College in Boston, Massachusetts, on May 20, 2013. The Missing Ingredients of Growth

This post is co-authored by Karen Karniol-Tambour, Head of Investment Research at Bridgewater Associates. Several positive macroeconomic trends suggest that the global economy could finally be in …

February 22, 2018

China
Electric trucks are shown at BYD headquarters in Shenzhen, China May 25, 2016. China’s Coming Challenge to the U.S. Petro-Economy

U.S. oil production is set to surpass its all-time record monthly high (first set in 1970), and U.S. liquefied natural gas exports are roaring ahead, with 800 billion cubic feet already shipped since…

February 5, 2015

United States
Interview With Charlie Rose

Last month, I had the pleasure of joining Charlie Rose on his show along with Jorge Castañeda, Mexico’s former foreign minister, and Francisco Goldman, contributor to The New Yorker, to discuss Mexic…

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 13, 2018

United States
FA MA 2018 Cover Walking Away From World Order: Weighing Trump’s First Year of Foreign Policy

“Nobody really knew what to expect when Donald Trump became U.S. president. Would he disrupt the status quo or maintain it? Blow himself up or escape unscathed? One year in, the answer is yes,” write…

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.

February 2, 2018

Venezuela
Demonstrators rally against Venezuela's President Nicolas Maduro in Caracas, Venezuela. Venezuela in Crisis

President Nicolas Maduro’s efforts to consolidate power amid a deepening economic and humanitarian crisis have drawn widespread international condemnation.

February 1, 2018

Somalia
A girl participates in a street parade in Hargeisa to celebrate Somaliland's self-declared independence. Somaliland: The Horn of Africa’s Breakaway State

The would-be independent state strikes a contrast with Somalia as a place of relative peace and democratic stability, but international recognition has remained out of reach.