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March 1, 2024

United States
Campaign Roundup: President Joe Biden Delivers His Third State of the Union Address

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden will likely stress his domestic achievements over his foreign policy challenges when he a…

Biden SOTU

March 4, 2024

United States
Infrastructure Investment and Jobs Act: Unsung Hero Protecting Critical Infrastructure from National Security Threats

One of the IIJA's lesser known components is the investment it provides for resilience against cyber threats to critical infrastructure like ports, energy grids, transmission lines, and railways.

Biden

February 22, 2024

Asia
Tipped Power Balance: China’s Peak and the U.S. Resilience

China's decline in economy and influence might indicate its unlikeliness to displace the United States as a leading global power in the foreseeable future. This development calls for a reevaluation o…

China's President Xi Jinping speaks at the "Senior Chinese Leader Event" held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

February 23, 2024

United States
Campaign Roundup: Close Presidential Elections Have Become the Norm

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: It will be a break from recent practice if either party’s nominee wins big in November.

I voted sticker

December 20, 2023

China
China: Year in Review 2023

A review of the most significant events in China in 2023, and a look ahead to the most pressing challenges and uncertainties the country will face in 2024.

Chinese President Xi Jinping waves as he walks with U.S. President Joe Biden at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, November 15, 2023.

September 5, 2023

India
What to Expect at India’s G20 Summit

The G20 Leaders’ Summit presents host India with a risk and an opportunity as it seeks to balance geopolitical tensions while trying to bolster its role as a voice for the Global South.

A paramilitary soldier stands guard outside a hotel during a rehearsal ahead of the G20 Summit in New Delhi, India.

January 16, 2024

China
How One Port’s Struggle Reveals the Problems—and Promise—of Chinese Infrastructure Financing

Chinese port financing has plenty of drawbacks. But developing countries have few alternatives. 

A lone man stands at the end of an old and broken pier watching the boats in the background in the bay of São Tomé city, São Tomé and Príncipe, September 16, 2021.

November 6, 2023

International Finance
The World Needs a Second Channel for Using SDRs

The multilateral development banks need to develop a second channel for mobilizing the world’s under-utilized special drawing rights (SDRs).

The 2023 Annual Meetings of the World Bank Group and IMF in Marrakech