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March 30, 2006

United States
Read Barry Eichengreen

Eichengreen provides the best summary I have seen of competing views on the sustainability of large US trade deficits, along with the impact of sustained trade deficts on US external debt and the inv…

November 6, 2019

Election 2020
The President’s Inbox: Should the United States Do Less Overseas?

The latest episode of The President’s Inbox is now live. The Iowa caucuses, the formal start of the presidential nominating process, are just three months away. Given that elections matter for U.S. f…

An American flag flies on the edge of the Atlantic ocean.

May 7, 2019

International Law
Four Challenges for International Law and Cyberspace: Sartre, Baby Carriages, Horses, and Simon & Garfunkel Part 2

For years states and scholars have struggled with questions of when and how international law applies to cyberspace. The final post in the two-part series will provide imagery to help grapple with th…

Members of the United Nations Security Council at the United Nations headquarters in New York, U.S., February 24, 2018.

May 2, 2019

International Law
Four Challenges for International Law and Cyberspace: Sartre, Baby Carriages, Horses, and Simon & Garfunkel Part 1

For years states and scholars have struggled with questions of when and how international law applies to cyberspace. A series of two posts will provide a map to help grapple with some of the most sig…

Members of the United Nations Security Council at the United Nations headquarters in New York, U.S., February 24, 2018.

April 4, 2019

China
China's Coming Current Account Deficit?

Any economy that saves 45 percent of GDP will tend to run a current account surplus, China included. Keeping its current account surplus down takes extraordinary (though largely off-budget) fiscal ef…

China's Coming Current Account Deficit?

December 5, 2012

China
Labor Data Show That China Is a Bubble Waiting to Burst

China “may have” overinvested to the tune of 12-20% of gross domestic product (GDP) between 2007 and 2011 – this is the diplomatically worded conclusion of a working paper released last week by th…

Labor Data Show That China Is a Bubble Waiting to Burst

April 12, 2013

Immigration and Migration
Silicon Valley Takes on Immigration Reform

As the U.S. Congress looks to embark on immigration reform soon, many things have changed since the last try in 2007. One of the most important is the role of business—which is increasingly vocal and…

Immigration - LAM

March 29, 2012

Trade
Morning Brief: EPA Proposes Greenhouse Gas Limits on New Plants

The Environmental Protection Agency (EPA) proposed limits for carbon dioxide emissions of new power plants (NYT). The rules will require future power plants to restrict emissions to less than 1,000 p…

Carbon capture test project at a West Virginia power plant of American Electric Power (AEP).  The project was co-funded by the Department of Energy, but halted last year (AEP/Courtesy Reuters).

August 31, 2016

Sub-Saharan Africa
South Africa: Fat Politicians and Thin Voters

A month after the governing African National Congress (ANC) lost heavily in South Africa’s municipal elections, the party is at war with itself. From my perspective, the struggle is between democrati…

South Africa Voters

April 13, 2016

Sub-Saharan Africa
Fissures Within South Africa’s Governing Party

South Africa’s governing African National Congress (ANC) has long been a big tent, with its membership united by opposition to apartheid and, less salient, support for “nonracial” democracy. Conventi…

ANC_Flag