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February 16, 2021

Asia
CFR Mini Mac Index Shows U.S. Dollar Falling, Other Safe Havens Soaring, Amid Pandemic

    The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Bi…

February 7, 2020

Asia
CFR Mini Mac Index Suggests ‘Currency Manipulation’ Charges Trumped Up

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally?

June 30, 2010

China
McDonald’s vs. Yingli Solar

Darren Staples/Courtesy Reuters I like McDonald’s. In fact, I may be one of the few people who actually enjoys seeing, and occasionally eating at, the golden arches when I travel in Asia. However, w…

Germany’s Thomas Mueller shoots to score his team’s fourth goal against England during a 2010 World Cup second round soccer match at Free State stadium in Bloemfontein June 27, 2010.

August 6, 2019

United States
“Mini Mac” Shows China’s Currency Shifting Into Undervaluation

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index us…

July 23, 2018

International Economic Policy
Is Trump Right About the Strong Dollar? Not According to Our Mini Mac Index.

var divElement = document.getElementById('viz1532315434641'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.sty…

Dashboard 1

June 28, 2018

United States
What’s Worth Reading This Summer?

CFR.org editor Bob McMahon and I recorded our annual summer reading episode of CFR’s “The World Next Week” podcast. Carlos Lozada, the nonfiction book critic at the Washington Post, joined us for the…

summer reading 2018

June 21, 2018

China
What Would Happen if China Started Selling Off Its Treasury Portfolio?

Just how important have foreign inflows been to the Treasury market?  

What Would Happen if China Started Selling Off Its Treasury Portfolio?

July 18, 2017

Financial Markets
How Fairly Valued is China’s Currency? Big Mac and Mini Mac Square Off Again.

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big Mac I…

April 17, 2017

Financial Markets
Mini Mac Trumps the Big Mac

The “law of one price” holds that identical goods should trade for the same price in an efficient market.  But how well does it actually hold internationally? The Economist magazine’s famous Big Mac …

April 17, 2017

China
The Geo-Graphics Mini Mac Index Deep Fries the Big Mac Once Again

    The “law of one price” holds that identical goods should trade for the same price in an efficient market.  But to what extent does it actually hold internationally? The Economist mag…

The Geo-Graphics Mini Mac Index Deep Fries the Big Mac Once Again