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December 13, 2012

Human Rights
Alas Denmark

Denmark has long been regarded as one of the world’s most attractive nations, for citizens and tourists alike. My own visits there years ago as a student were delightful. And the Danes have a wonderf…

November 16, 2017

Asia
American Asian Security Allies, Alas, Contribute More to Global Trade Imbalances Than China

One possible U.S. international economic policy towards Asia, broadly speaking, would be to seek to align with Asia’s other economies to put more pressure on China. Xi’s rhetorical commitment to g…

American Asian Security Allies, Alas, Contribute More to Global Trade Imbalances Than China

October 15, 2019

Taiwan
What Does Taiwan’s Hidden Forward Book Mean for Taiwan’s Financial Stability and U.S. Currency Policy?

Taiwan's central bank—and Taiwanese households—have taken on an awful lot of foreign currency risk over the years …

treasury fx intervention taiwan 4

August 20, 2019

United States
Back-to-School Reading Special

Every year CFR.org editor Bob McMahon and I record a summer reading episode of CFR’s “The World Next Week” podcast. We usually do it in June as we entertain visions of leisurely summer days yet to co…

Books

June 4, 2019

South Korea
Korea, the “Germany” of Northeast Asia…

Korea has no shortage of fiscal space.  It should use it.

Korea, the “Germany” of Northeast Asia…

February 25, 2019

Cybersecurity
Crowdstrike: There’s No Excuse for Getting Owned by China

Why are Chinese hackers slowpokes? Crowdstrike's new report raises questions about the sophistication of Chinese APTs. 

Chinese hackers are real slow

January 17, 2019

China
Will China’s Currency Hit a Wall?

Worry about China’s slowing economy in 2019, not its balance of payments…

Will China’s Currency Hit a Wall?

December 13, 2018

Europe
Europe in Disarray

History is far from over in Europe. To the contrary, it is back with a vengeance.

Europe in Disarray

December 4, 2018

World Order
Tilting at Straw Men: Secretary Pompeo’s Ridiculous Brussels Speech

U.S. Secretary of State Mike Pompeo took aim at the European Union and United Nations during a speech in Brussels, offering a disjointed rejoinder to straw man internationalism. 

U.S. Secretary of State Mike Pompeo Speaking in Brussels

October 11, 2018

Trade
Trump's Stimulus Trumps His Trade Policy

It is hard to think of a President more committed—at least rhetorically—to closing the trade balance than President Trump. The usual criticism of his trade policy is that it is overly focused on a si…

Trump's Stimulus Trumps His Trade Policy