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December 29, 2023

2023 in Review
Ten World Figures Who Died in 2023

Ten people who passed away this year who shaped world affairs for better or worse.

Sunset

December 26, 2023

Taiwan
Taiwan’s 2024 Presidential Election: Analyzing Hou Yu-ih’s Foreign Policy Positions

Hou Yu-ih has vowed to invest in Taiwan’s defenses while pursing dialogue with China. It is unclear whether Beijing would condition the latter on Hou not pursuing the former.

Kuomintang (KMT) presidential candidate Hou Yu-ih waves to supporters during a campaign event in New Taipei City, Taiwan.

December 12, 2023

Indo-Pacific
How Washington’s Budget Fights Are Affecting Three Critical Pacific Island States

Washington is in the process of concluding new agreements with the three Freely Associated States (FAS): the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of …

Pacific Island leaders and U.S. President Joe Biden stand outside the White House on a red carpet with national flags behind them.

November 21, 2023

China
China's Current Account Surplus Is Likely Much Bigger Than Reported

The IMF needs to focus on China’s external account in its surveillance. The reported current account surplus appears to be significantly too low.

China's Current Account Surplus Is Likely Much Bigger Than Reported

November 6, 2023

International Finance
The World Needs a Second Channel for Using SDRs

The multilateral development banks need to develop a second channel for mobilizing the world’s under-utilized special drawing rights (SDRs).

The 2023 Annual Meetings of the World Bank Group and IMF in Marrakech

October 3, 2023

China
China Isn't Shifting Away From the Dollar or Dollar Bonds

China's reserves has shifted its dollar reserves from Treasuries to Agencies, and made increased use of offshore custodians. The available evidence suggests that it still holds about 50 percent of it…

U.S. Portfolio vs. China's Reserves and Other Foreign Assets

September 8, 2023

Cybersecurity
Cyber Week in Review: September 8, 2023

OGP Summit meets in Estonia; Mudge joins CISA; UK will not break end to end encryption; EU designates gatekeepers under Digital Markets Act; DEF CON Generative Red Team Challenge concludes.

A group of people stand in front of a projected screen of an AI generated image of a robot and a woman standing in front of a sunset.

August 22, 2023

United States
The Future of Dollar Hegemony

The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

dollar