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March 18, 2024

Japan
The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

The Bank of Japan (BoJ) is widely expected to end yield curve control. But Japanese yields will remain low, and foreign bonds will remain attractive to those Japanese investors who don’t have to hedg…

The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

March 15, 2024

United States
Campaign Roundup: Joe Biden Opposes the Sale of U.S. Steel to Nippon Steel

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden doesn’t want one of America’s closest allies to buy a once iconic American company.

Steel

March 12, 2024

Defense and Security
Religion and Foreign Policy Webinar: Conflict Resolution in Armenia and Azerbaijan

Aslı Aydıntaşbaş, visiting fellow in the Center on the United States and Europe at the Brookings Institution and senior policy fellow at the European Council on Foreign Relations, and Philip Gamaghel…

Play Servicemen of the self-defense army of Nagorno-Karabakh rest at their positions near the village of Mataghis. April 6, 2016.

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

March 1, 2024

United States
Campaign Roundup: President Joe Biden Delivers His Third State of the Union Address

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden will likely stress his domestic achievements over his foreign policy challenges when he a…

Biden SOTU

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

February 20, 2024

United States
Why U.S. Imports From Mexico Surpassed Those From China

New U.S. Census Bureau data shows the United States importing more goods from Mexico than from China. Will the shift change the global trading landscape?

February 16, 2024

United States
Campaign Roundup: Donald Trump Says He Will Not Protect “Delinquent” NATO Members

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The forty-fifth president says he will encourage Russia to attack NATO countries who don’t spend en…

Trump Photo

February 9, 2024

United States
Campaign Roundup: President Biden Criticizes Israel’s Military Operations in Gaza

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Israel’s war against Hamas is creating policy and political dilemmas for President Biden.

Biden Gaza

February 8, 2024

United States
The U.S. Vice President and Foreign Policy

Modern vice presidents can trace much of their political influence to the broad reforms that Jimmy Carter and Walter Mondale made to the second-highest elected office in the late 1970s.

Vice-President-Cheney-Rumsfeld-Libby--.jpg