May 27, 2020United States
Foreign Treasury sales, including large sales from reserve managers, made the Fed's job harder, not easier, in March.
May 8, 2020United States
A few things that jumped out at me about the U.S. trade data. Some no doubt are controversial.
April 28, 2020Human Trafficking
This post is part of the Council on Foreign Relations’ blog series on human trafficking, in which CFR fellows and other leading experts assess new approaches to improve U.S. and global efforts to cur…
April 14, 2020China
Trump's trade war didn't really put a dent in China's balance of payments. And China looks like it has the kind of external balance sheet needed to weather the corona virus shock. China has a lot of …
April 7, 2020Americas
His “Fourth Transformation” is a victim of his failure to take the pandemic seriously.
March 31, 2020International Economic Policy
The common denominator across many emerging economies is a shortage of dollars. But the causes differ, as do the solutions.