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June 7, 2018

Germany
Merkel and Scholz Have Put the IMF in a Pickle Merkel and Scholz Have Put the IMF in a Pickle

Germany seems to have ruled out all the mechanisms for eurozone fiscal expansion that the IMF liked…

April 19, 2013

Europe
A Conversation with Dr. Wolfgang Schauble

Wolfgang Schäuble discusses the financial market regulation and current state of the European Union.

October 29, 2004

Financial Markets
David Wessel visited the Harvard economics department

Or at least talked to Summers and Rogoff, before writing his Thursday Wall Street Journal column. It is worth reading if you have access to the Journal. I agree with his bottom line: getting out of…

January 18, 2013

Sub-Saharan Africa
kenya_stock_market_africa_aid Emerging Voices: Wolfgang Fengler on the Future of Aid to Africa

Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is from Wolfgang Fengler, the lead e…

August 2, 2016

Development
Employees sort boxes and parcels at the logistic centre of a express delivery company, after the Singles Day online shopping festival, in Wuhan, Hubei province, China, November 12, 2015 (Reuters/Stringer). Amid Slowing Trade, What’s Next for Global Supply Chains?

Global trade and the supply chains that support it are undergoing a period of profound change. Supply chains face threats including a resurgence of protectionism, climate change, decaying infrastruct…

May 15, 2015

Trade
U.S. President Barack Obama and China's President Xi Jinping listen to national anthems behind a U.S. flag during a welcoming ceremony at the Great Hall of the People in Beijing (Petar Kujundzic/Reuters). The TPP: Why It Won’t Address Security Concerns With China

As the debate over the Trans-Pacific Partnership (TPP) heats up in Congress, some (including myself) have argued that the trade deal would advance U.S. security interests in the Asia-Pacific. In this…

May 7, 2015

Europe and Eurasia
Which Countries Stand to Lose Big from a Greek Default? Which Countries Stand to Lose Big from a Greek Default?

The IMF has turned up the heat on Greece’s Eurozone neighbors, calling on them to write off “significant amounts” of Greek sovereign debt.  Writing off debt, however, doesn’t make the pain disappe…

August 7, 2012

Trade
Morning commuters stroll past the New York Stock Exchange (Brendan McDermid/Courtesy Reuters). Morning Brief: Fodder for the "Fair Share" Debate

The Wall Street Journal’s David Wessel provides some facts for the debate over what tax rate higher-income Americans should pay. Since the 1980s, top earners have garnered a larger share of income, b…

June 20, 2012

A man walks in front of a closed bank branch in central Athens, February 2012 (John Kolesidis/Courtesy Reuters). Clarity about Austerity

I have just had the privilege of speaking at the main annual conference of Germany’s Economic Council, the economic and business arm of the Christian Democratic Union, the current governing party. Ch…