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September 16, 2008

Financial Markets
Lehman v Argentina

I am guilty of instinctively comparing large defaults to the Argentina’s default. That is the largest default that I know well. And Lehman qualifies as a large default. John Jansen reports one …

June 15, 2018

Russia
Reagan and Gorbachev Signing the INF Treaty Can Reagan Show Trump How to Save the INF Treaty?

If the President wants to use an arms build-up to advance arms control, he should take his cues from the Reagan record.

June 16, 2018

North Korea
Jonathan Ernst/Reuters The Singapore Summit’s Uncertain Legacy

The Singapore summit lessened the chances of conflict in the short term, but the ultimate legacy of the summit could still be a march toward war.

June 15, 2018

Taiwan
Military honor guards lower the Taiwanese flag, at Liberty Square, in Taipei, Taiwan. China-Taiwan Relations

Differences over Taiwan’s status fuel tensions between the island and mainland, yet cross-strait economic ties continue to deepen. 

June 12, 2018

North Korea
U.S. President Donald Trump and North Korean leader Kim Jong Un react at the Capella Hotel on Sentosa island in Singapore, June 12, 2018. The North Korea Nuclear Agreement and Human Rights

The agreement between President Trump and Kim Jong Un may be the start of denuclearization, or another failed effort brought down by North Korean cheating. But if the United States and North Korea ar…

May 25, 2018

Nonproliferation, Arms Control, and Disarmament
Reagan and Gorbachev shake hands after their talks in Reykjavik. Singapore and Reykjavik: The Perils of Summitry

The 1986 meeting in Iceland between U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev was like none other. It offers helpful context for a potential U.S.-North Korea arms control summi…

April 1, 2017

Human Rights
Ronald Reagan, Deane Hinton, and "Fake News" in The New York Times

The term "fake news" is no doubt over-used these days, but there is such a thing. Indeed, there is even such a thing as a "fake news" obituary. A prime example of distortion and false reporting can b…

October 13, 2016

United States
Play RTR3PYR_EC.jpg The Legacy of the Ronald Reagan Administration

Experts discuss the policies and priorities of the Ronald Reagan administration and the lessons to be learned for U.S. foreign policy today.

April 17, 2018

U.S. Foreign Policy
Foreign Affairs May June 2018 Cover A Global Report on the Decline of Democracy

“Centralization of power in the executive, politicization of the judiciary, attacks on indepen­dent media, the use of public office for private gain—the signs of democratic regression are well known…

April 6, 2018

China
When Did the China Shock End? When Did the China Shock End?

Conventional wisdom among economists is that the China shock ended a decade ago. That is largely because the U.S. bilateral deficit with China has been fairly stable since 2007 (measured as a share o…