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June 15, 2016

Europe
The Pain in Spain Is Easy To Explain

A few weeks back, the New York Times looked at the “mystery” of Spain’s high level of unemployment. The article highlighted a real debate about the right level of job protection in Spain, and in Eur…

Employment vs. Demand

May 25, 2011

Indonesia
Indonesian President: ’Reforms are Painful’

Indonesia’s President Yudhoyono discusses the stresses and challenges of pursuing a path of democratization and reform, and Indonesia’s desire to play a larger role in the region and the world.

April 4, 2018

China
Trump and Xi Agree: Short-Term Gain for Long-Term Pain

Perhaps President Trump will succeed in reducing the bilateral trade deficit with China simply by reducing bilateral trade.

Soybeans being sorted

September 8, 2014

United States
U.S. Faces Painful Choices to Reduce Debt Burden, Warns New CFR Scorecard

The U.S. debt-to-GDP ratio has nearly grown to the Group of 7 (G7) average, a dramatic increase from 2000 when it was lower than most other G7 countries, according to a new progress report and scorec…