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February 8, 2019

Economics
2019 Robert B. Menschel Economics Symposium

Although the global rate of extreme poverty is at a historic low, the pace of poverty reduction is slowing and the World Bank estimates that more than 700 million people still live on less than $1.90…

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?

March 26, 2019

United States
When Tax Drives the Trade Data

The pharmaceutical industry's tax strategies appear to have a large impact on the trade data. There isn't any other obvious explanation for why the (goods) deficit in pharmaceuticals exceeds the surp…

When Tax Drives the Trade Data

March 25, 2019

Puerto Rico
Is There Still A Path that Returns Puerto Rico to Debt Sustainability?

The relatively generous settlement with the sales-tax backed bonds (COFINA) has reduced the funds available for everyone else.

Is There Still A Path that Returns Puerto Rico to Debt Sustainability?

March 7, 2019

Cybersecurity
Notes from RSA: Time for Cyber B Corps?

The cybersecurity industry always emphasizes the values of community and cooperation and continued dedication to the mission, but its actions does not always match the rhetoric. 

An attendee listens to a demonstration at the 2016 RSA conference.

March 15, 2019

China
The Fall in China's Current Account Surplus Was Not Replicated Across Asia

China's surplus is down relative to its pre-global crisis level, both in dollar terms and as a percent of China's own GDP.    The same cannot be said of China's neighbors.   East and Southeast Asia a…

The Fall in China's Current Account Surplus Was Not Replicated Across Asia

March 14, 2019

China
Why China's Incomplete Macroeconomic Adjustment Makes China 2025 a Bigger Risk

How the fragile macro-economic base of China’s external adjustment could intersect with China 2025 and generate a new "China" shock.

Why China's Incomplete Macroeconomic Adjustment Makes China 2025 a Bigger Risk

February 25, 2019

Cybersecurity
Crowdstrike: There’s No Excuse for Getting Owned by China

Why are Chinese hackers slowpokes? Crowdstrike's new report raises questions about the sophistication of Chinese APTs. 

Chinese hackers are real slow

April 16, 2019

China
Does China’s “Invisible Hand” Steer Funds to State-Owned Firms?

“Market outcomes,” U.S. Trade Representative Robert Lighthizer told Congress in February, must “determine winners” in China. It can no longer be “state capitalism.” As a precondition for any t…

Does China’s “Invisible Hand” Steer Funds to State-Owned Firms?

April 15, 2019

News Release
Trump’s Foreign Policies Are Better Than His Critics Contend, Argues Blackwill in New Report

April 15, 2019—President Donald J. Trump “is not given sufficient credit for his foreign policies,” writes Robert D. Blackwill, Henry A. Kissinger senior fellow for U.S. foreign policy at the Council…