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April 27, 2018

Venezuela
Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Manuel Quevedo attends the event launching the new Venezuelan cryptocurrency "Petro" in Caracas, Venezuela February 20, 2018. Why Oil Sanctions Against Venezuela No Longer Make Sense

This post is co-written by David R. Mares, the Institute of the Americas chair for Inter-American Affairs and professor for political science at the University of California San Diego and the Baker I…

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.

March 6, 2006

China
A question for Sebastian Mallaby

Isn't setting the RMB/ dollar exchange rate at levels that keep China's small rice farms (and its interior provinces more generally) competitive sort of like setting Germany's exchange ra…

February 2, 2018

Monetary Policy
Federal Reserve The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

July 26, 2017

Venezuela
A demonstrator during a rally against President Nicolas Maduro’s government in Caracas, Venezuela. Can Venezuela Resurrect Its Economy?

President Nicolas Maduro has neither the desire nor the capacity to institute the market reforms and debt restructuring needed to revive Venezuela’s sinking economy, says economist Ricardo Hausmann.

November 15, 2005

Economics
RGE Econoblog with Sebastian Mallaby

OK, not a true Wall Street Journal style Econoblog.   But Sebastian Mallaby of the Washington Post noted my response to his October 31st column, and has agreed to allow me to publish our email exchan…

September 13, 2017

United Nations
United Nations Headquarters The Role of the UN General Assembly

The seventy-second session of the UN General Assembly will be dominated by debates over nuclear disarmament, African development, and the rights of indigenous peoples.

December 6, 2016

Italy
Italian Vote Showcases European Discontent

The defeat of Italian Prime Minister Matteo Renzi’s constitutional reforms is another sign that voter anger over poor economic performance is driving anti-establishment politics across Europe, says C…

June 27, 2017

South America
Rodrigo Garrido South America's Turn to Deadlock

Scholars of Latin America spent much of the first decade of this century discussing the causes and consequences of the region's turn to the left, under Venezuela's Chávez, Argentina's Kirchners, Braz…