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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…

May 4, 2018

South Korea
A model poses with a Samsung smartphone. South Korea’s Chaebol Challenge

South Korea’s megaconglomerates have helped lift the country out of poverty, but their extraordinary influence could put the health of the Korean economy at risk.

April 26, 2018

Human Rights
Demonstrators protest against police violence and the government of Nicaraguan President Daniel Ortega in Managua, Nicaragua on April 23, 2018. Why We Must Never Give Up on Democracy

In Nicaragua and Armenia today, people are rising up against tyranny and demanding human rights and democratic rights. Nicaragua has been suffering under a decade of misrule and deepening tyranny …

April 25, 2018

Ireland
Irish Flag and Apple Logo Tax Avoidance and the Irish Balance of Payments

At this point, profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.

April 24, 2018

International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back Asia's Central Banks and Sovereign Funds Are Back

East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…

April 18, 2018

Cuba
Cuba After the Castros What Is Cuba’s Post-Castro Future?

Miguel Diaz-Canel, set to replace Raul Castro as president of Cuba after sixty years of Castro rule, will be faced with the challenges of implementing economic reform and sidestepping regional isolat…

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 13, 2018

Thailand
Previewing the U.S. Treasury’s April Foreign Exchange Report Previewing the U.S. Treasury’s April Foreign Exchange Report

The U.S. Treasury Department’s next foreign exchange report is due on April 15—so it should come out soon, maybe even tonight. Normally the section on China attracts all the attention. But righ…

April 9, 2018

Trade
U.S. President Donald Trump's economic adviser Larry Kudlow speaks to reporters at the White House in Washington, U.S., April 6, 2018. Are Trade Wars Bad for U.S. Energy Dominance?

Years ago, Wanda Jablonski, the famous energy journalist and newsletter publisher, gave me an important piece of professional advice. Be careful how many conflicts you take on at one time.  Wanda’…