October 7, 2020Emerging Economies
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…
October 23, 2020Turkey
Pay attention to banking system's foreign currency exposure to the government ...
October 20, 2020Trade
Do not use the IMF’s current account forecast in the Fall 2020 World Economic Outlook (WEO). It is already out of date.
September 28, 2020China
China’s second quarter balance of payments data points to a significant increase in the foreign asset accumulation of the state banking system. That at least raises the question of whether China’s au…
September 23, 2020Space
The Trump administration's newly issued directive on cybersecurity policy for outer space is another small step towards taking cyber threats to U.S. space systems seriously.
September 16, 2020Currency Reserves
Joe Gagnon and Fred Bergsten have called the years from 2003 to 2013 the decade of manipulation, as a host of Asian countries protected their competitive position of their exporters by intervening ma…
September 9, 2020United States
With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.