October 29, 2019Taiwan
This gathers the six post series I did with Concentrated Ambiguity into a single easy accessible post.
October 17, 2019Taiwan
The Fall 2019 Treasury Foreign Exchange Report should send a strong warning to Thailand, Taiwan, and Singapore that their current pattern of intervention in the market would put them at risk of futur…
November 6, 2019Election 2020
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…
September 30, 2019Puerto Rico
The plan of adjustment put forward by the oversight board, if approved by enough creditors and the courts, would cut Puerto Rico’s tax supported debt from $50 billion to $25 billion and smooth its re…
September 20, 2019Trade
Transatlantic imbalances reflect Europe's demand deficit, which should be easy to solve (but isn't). Transpacific imbalances haven't disappeared. And are likely harder to solve, as they stem from an …
September 10, 2019Cybersecurity
A fake LinkedIn account of a Sean Brown claiming to work for CFR highlights the issues with fake accounts.
October 24, 2019Japan
Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?
October 16, 2019Cybersecurity
Threats to national and economic security emanating from cyberspace are all too real, but public disclosure of these incidents is exceedingly rare. A new Council on Foreign Relations Cyber Brief prov…
September 5, 2019South Korea
Korea looks to be doing a real stimulus. Other "twin surplus" countries should too.
October 7, 2019NAFTA
Are the provisions of the Trump administration’s rewrite of the North American Free Trade Agreement (NAFTA)—set forth in the United States-Mexico-Canada Agreement (USMCA) enforceable? As written, the…