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June 20, 2012

South Korea
Three Hurdles for Emissions Trading Scheme

Introduction After months of roadblocks that seemed to signal the demise of South Korea's proposed emissions trading scheme (ETS), the South Korean parliament passed legislation establishing an ET…

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May 4, 2016

Venezuela
Global Economics Monthly: May 2016

Bottom Line: The crisis in Venezuela continues to escalate, with no recovery or relief in sight. A messy and chaotic default looms, and the rescue will likely involve a tough adjustment program, larg…

July 1, 2013

Greece
Global Economics Monthly: July 2013

Bottom Line: Recognizing that the recent debt restructuring was insufficient to restore Greece's creditworthiness, the IMF will likely toughen conditions for lending to countries with unsustainable d…

August 22, 2016

Brexit
Global Economics Monthly: August 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that markets have absorbed the initial economic shock from Brexit, but navigating the new landscape will remain a challenge. Two months after the vote, the politics of Brexit is producing a lengthy and uncertain renegotiation of Britain’s place in Europe and the world. Such extended uncertainty is likely to produce a long-lasting drag on both UK and European economies, which could ultimately threaten the viability of the European Union (EU).

March 11, 2013

South Korea
The Park Geun-hye Presidency and the Future of the U.S.-South Korea Alliance

New South Korean president Park Geun-hye of the Saenuri Party is the focus of great interest. This curiosity extends to her presidency, as she enters into office with outstanding issues with the Unit…

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