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February 11, 2015

China
Will China Bail Out Russia?

Russia’s foreign exchange reserves have fallen by nearly 1/3 since October 2013; they’ve fallen 20% just since September 2014.  Whereas the country still has over $300 billion in reserves, about $…

Will China Bail Out Russia?

September 4, 2018

Uganda
Uganda's Bobi Wine Brings Attention to Museveni's Repressive Politics

Recent events have shone an international spotlight on Uganda, where the government’s treatment of parliamentarian and musician Robert Kyagulanyi, better known by his stage name, Bobi Wine, is bringing new attention to the repressive nature of Ugandan politics, and new energy to those resisting the status quo. He recently arrived in the United States to seek medical treatment for injuries allegedly sustained while in government custody.

Uganda-Bobi-Wine-Museveni-Politics

August 14, 2018

Pakistan
Pakistan at Seventy-One: the Search for a New Pakistan

On Pakistan's seventy-first independence day, the country faces an economic crisis and a terrorism crisis. Whether prime minister–designate Imran Khan can deliver on his promise of a “naya Pakistan” …

Attendees wave Pakistan's national flag while singing national songs at a ceremony to celebrate the country's 71st Independence Day at the mausoleum of Muhammad Ali Jinnah in Karachi, Pakistan August 14, 2018. REUTERS/Akhtar Soomro

June 4, 2018

United States
Trade Deals or Macroeconomic Shocks?

With ongoing euro uncertainty in Italy, financial turmoil in Argentina and Turkey, and potential fiscal risks to demand in Asia, does the Trump administration's focus on trade deals miss the larger m…

Italian flag over Quirinal Palace.

September 29, 2004

Economic Crises
Bailouts or Bail-ins?

Roughly once a year, the managing director of the International Monetary Fund (IMF), the U.S. Treasury secretary, and, in some cases, the finance ministers of other G7 countries get a call from the f…

April 3, 2018

South Africa
Court Decision Shines Light on Race Relations in South Africa

There has been backlash among white South Africans. Some have argued that she was upset after having just been robbed (this was part of her defense in court as well), while others have complained that black insults and threats to whites—especially by political figures—have gone unpunished.

South-Africa-Race-Racism-White-Woman-Sentenced

March 21, 2018

Nigeria
Biafra Heats up as Trials Resume, Elections Loom, and Kanu Is Still Missing

The IPOB has announced that if the defendants are not granted bail or released unconditionally by the Nigerian government, it will begin a campaign of civil disobedience.

Nigeria-Biafra-Nnamdi-Kanu-Separatism

February 20, 2018

India
Still Shining? Our Third Annual Review on Solar Scale-up in India

This guest post is co-authored by Joshua Busby, associate professor of public affairs at the Robert S. Strauss Center for International Security and Law at the LBJ School at the University of Texas a…

Workers install photovoltaic solar panels at the Gujarat solar park under construction in Charanka village, in Patan district of the western Indian state of Gujarat, India, April 14, 2012. REUTERS/Amit Dave

March 20, 2009

Monetary Policy
Did the Fed bail out China by buying Treasuries?

No. Not really. At least not in the sense that is usually argued. China has no need to sell foreign assets like Treasuries to finance its domestic fiscal stimulus so long as it is running a lar…