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October 16, 2020

Election 2020
Campaign Foreign Policy Roundup: What to Do About Afghanistan?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: how Donald Trump and Joe Biden say the United States should deal with Afghanistan

Soldiers

October 13, 2020

United States
Happy 245th Birthday to the U.S. Navy!

The U.S. Navy turns 245 years-old today. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with warlike…

Navy

October 9, 2020

Election 2020
Campaign Foreign Policy Roundup: VP Candidates Discuss Foreign Policy

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: Kamala Harris and Mike Pence discussed U.S. policy toward China and U.S. global leadership at Wedne…

Senator Kamala Harris and Vice President Mike Pence sit across from each other separated by plexiglass on the stage of the vice-presidential debate.

October 7, 2020

Emerging Economies
Reframing the Collective Action Problem in Sovereign Bond Restructuring

A recent white paper from Lazard points out that emerging market sovereign bond holdings are often fairly concentrated among a handful of big players.  The main impediment to collective action may be…

Reframing the Collective Action Problem in Sovereign Bond Restructuring

October 7, 2020

Robots and Artificial Intelligence
With "Burn-In," Cole and Singer Show Us the Robotic Future We Need to Avoid

Burn-In: A Novel of the Real Robotic Revolution gives us the worst-case scenario of how increased automation can affect the U.S. economy and society.

French robot Pepper, detecting whether people are wearing face masks and if not, instructs them to wear them.

October 7, 2020

Economics
Tracking Currency Manipulation

Currency manipulation is one way countries can shift patterns of trade in their favor. By buying foreign currency in the market, a country can artificially change the price of its imports and its exp…

October 5, 2020

China
Record Chinese Bilateral Surpluses With the United States Are Not Mirrored in the U.S. Trade Data

Is China’s surplus with the United States back at a record level? It depends. In China’s data, China’s exports to the United States and its surplus with the United States are at all-time highs. The U…

Record Chinese Bilateral Surpluses With the United States Are Not Mirrored in the U.S. Trade Data

October 5, 2020

Cybersecurity
The Clean Network Program: Digital Age Echoes of the “Long Telegram”?

The U.S. State Department's Clean Network program, created in response to China's expanding capabilities in cyberspace, recalls the the warning George Kennan gave about the Soviet Union in his famous…

U.S. Secretary of State Mike Pompeo speaks during a news conference at the State Department.

October 2, 2020

Election 2020
Campaign Foreign Policy Roundup: President Trump’s COVID-19 Diagnosis Provides an October Surprise

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: The news that President Trump tested positive for the coronavirus injects new uncertainty into Elec…

President Donald Trump walks outside the White House.

October 1, 2020

Pharmaceuticals and Vaccines
What Is the World Doing to Create a COVID-19 Vaccine?

The search to find a vaccine for the new coronavirus is well underway. Governments and researchers are aiming to provide billions of people with immunity in eighteen months or less, which would be un…

An engineer shows an experimental vaccine for COVID-19 at the Sinovac Biotech facilities in Beijing.