Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn discusses economic reform and rebalancing in China and their implications for future growth and crisis prevention.

Bottom Line: Abenomics had an impressive start, but the structural reform agenda has bogged down, raising questions about whether macro policies alone can float the Japanese economy. Against the back…

Bottom Line: The October U.S. budget agreement provides a short respite, with a new spending showdown likely in January. Although the debt limit extension may last until the summer, the costs of our …