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December 1, 2021

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

June 8, 2022

Trade
Unpacking the IPEF: Biden’s First Big Trade Play

The Joe Biden administration has unveiled its Indo-Pacific Economic Framework, but it doesn’t look like a traditional trade deal and could end up falling short of its ambitions.  

From left to right, Japanese Prime Minister Fumio Kishida, U.S. President Joe Biden, and Indian Prime Minister Narendra Modi attend the Indo-Pacific Economic Framework (IPEF) launch event in Tokyo in May 2022.

June 21, 2022

Economics
Why This Global Economic Crisis Is Different

This is the first time since World War II that there may be no cooperative way out.

Federal Reserve Board Chair Jerome Powell

November 29, 2018

Economics
The Digital Key to Inclusive Growth

So far, it seems that the rise of the digital economy has already contributed to a broad pattern of income and job polarization in the developed world. Yet digital technology can play a powerful role…

Data Mobile Phones

June 22, 2022

World Trade Organization (WTO)
The WTO Hangs On

WTO members confounded expectations last week by concluding a deal on fisheries subsidies, the first major multilateral agreement in nearly a decade. But the trade body is not out of the woods yet.

WTO Director-General Ngozi Okonjo-Iweala (right) is congratulated by Indian Commerce Minister Piyush Goyal after a closing session of a WTO Ministerial Conference in Geneva in June 2022.

March 29, 2022

Middle East and North Africa
Islamism Is Ready for a Comeback

The death of political Islam in the Middle East has been greatly exaggerated.

March 21, 2022

India
Why the Ukraine War Likely Won't Affect India-U.S. Ties

India’s stance in the Russia-Ukraine war has prompted policymakers and analysts in Washington DC to question the depth of the United States (US)-India strategic partnership. As a member of Quad, Indi…

U.S. Secretary of State Blinken meets with India's Foreign Minister Jaishankar in Rome

January 27, 2022

Middle East and North Africa
The Middle East’s Conflicts Aren’t Done With the Emirates

Just when the United Arab Emirates thought it was done with focusing on foreign policy, they’re getting pulled back in.

The Burj Khalifa (C) skyscraper is seen as the sun sets over Dubai October 5, 2010.

December 21, 2021

Middle East and North Africa
Why One Man Can Ruin Turkey’s Economy

Did Erdogan break Turkish politics by empowering the presidency—or was it broken already?

December 21, 2021

Middle East and North Africa
Why One Man Can Ruin Turkey’s Economy

Did Erdogan break Turkish politics by empowering the presidency—or was it broken already?

Turkish President Tayyip Erdogan greets his supporters in Istanbul, Turkey, April 16, 2017.