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November 8, 2018

Monetary Policy
The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

Federal Reserve

November 7, 2018

Brazil
Brazil’s Corruption Fallout

Federal investigators in Brazil have uncovered corruption at the highest levels of the government and in the country’s largest corporations.

A Petrobras refinery in Cubatao, Brazil.

September 14, 2018

U.S. Foreign Policy
The Augusta Victoria Mistake

As a strong supporter of the Trump administration's Middle East policy, I believe the president's recent decisions dealing with the Israeli-Palestinian conflict are correct--except for one. Everyt…

September 10, 2018

Trade
Mercosur: South America’s Fractious Trade Bloc

Political shifts and economic challenges in Latin America could either boost Latin America’s largest trade bloc or lead to its obsolescence.

A truck driver waits to unload his cargo of cereal grain at a rail terminal in Alto Araguaia, Brazil.

June 15, 2018

Taiwan
China-Taiwan Relations

Differences over Taiwan’s status fuel tensions between the island and mainland, yet cross-strait economic ties continue to deepen. 

Military honor guards lower the Taiwanese flag, at Liberty Square, in Taipei, Taiwan.

June 14, 2018

United States
Happy Birthday to the U.S. Army!

The United States Army celebrates its 243nd birthday today. If you see an active duty, former, or retired member of the United States Army today, wish their service Happy Birthday. The Army websit…

Army Birthday 2018

July 12, 2017

Israeli-Palestinian Conflict
Consideration of the Taylor Force Act

Elliott Abrams testified before the Senate Committee on Foreign Relations on Wednesday, July 12, 2017, discussing the Taylor Force Act.

May 8, 2018

China
Disaggregating the Fall in China's Current Account Surplus Since 2007

China's current account surplus is almost certainly about $100 billion larger than officially reported, and the falling current account surplus masks a persistent manufacturing surplus.

Disaggregating the Fall in China's Current Account Surplus Since 2007

April 24, 2018

International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back

East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…

Asia's Central Banks and Sovereign Funds Are Back

March 28, 2018

International Law
The International Criminal Court and the Trump Administration

With John Bolton as national security advisor, both the United States and the International Criminal Court should take steps to avoid a collision. 

U.S. Ambassador to the UN John Bolton speaks at the UN headquarters in New York on November 11, 2006.