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October 19, 2016

Northeast Asia
The Return of the East Asian Savings Glut

Overview The combined savings of China, Japan, Korea, Taiwan, and the two city-states of Hong Kong and Singapore is about 40 percent of their collective GDP, a thirty-five-year high. No other regi…

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September 26, 2016

Trade
A Winning Trade Policy for the United States

Overview The once-bipartisan consensus favoring agreements that reduce barriers to trade and investment has broken down, largely because of a decades-long failure of policy to facilitate the adjus…

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September 12, 2016

G20 (Group of Twenty)
Global Economics Monthly: September 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that at the Group of Twenty (G20) Summit in Hangzhou, China, leaders called for governments to do more to support growth, but offered little in the way of new measures. Quietly, and away from the G20 spotlight, fiscal policy is becoming more expansionary, but current policies are unlikely to provide a meaningful boost to growth or soothe rising populist pressures.

July 18, 2016

Russia
Global Economics Monthly: July 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that summer has seemingly brought a new optimism about the Russian economy. Russia’s economic downturn is coming to an end, and markets have outperformed amidst global turbulence. But the coming recovery is likely to be tepid, constrained by deficits and poor structural policies, and sanctions will continue to bite. Brexit-related concerns are also likely to weigh on oil prices and demand. All this suggests that Russia’s economy will have a limited capacity to respond to future shocks.

June 1, 2016

Digital Policy
A New Framework for Cross-Border Data Flows

Introduction The flow of data across international borders creates jurisdictional challenges, as the data itself and the person generating it may be subject to different countries’ laws. Internati…

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May 4, 2016

Venezuela
Global Economics Monthly: May 2016

Bottom Line: The crisis in Venezuela continues to escalate, with no recovery or relief in sight. A messy and chaotic default looms, and the rescue will likely involve a tough adjustment program, larg…

February 3, 2016

Asia
Global Economics Monthly: February 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the idea of capital control is less radical than it seems; although comprehensive liberalization is theoretically the ideal option, capital controls may be China’s best chance to end the panic roiling global markets.

January 11, 2016

Financial Markets
Global Economics Monthly: January 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that 2016 looks set to be a volatile year in which geopolitics and hard-to-quantify policy dilemmas create significant uncertainty in markets. Policymakers will be asked to make tough decisions about where and when to intervene in markets at a time when their capacity to deal with crisis is increasing challenged, suggesting the road ahead could continue to be bumpy.

December 14, 2015

Conflict Prevention
Preventive Priorities Survey: 2016

View the accompanying online interactive: CPA's Global Conflict Tracker. Preventing further intensification of Syria's civil war should be the top priority for U.S. policymakers in 2016, according…

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December 9, 2015

Cybersecurity
Cleaning Up U.S. Cyberspace

The U.S. government's effort to persuade other countries to adopt norms of responsibility for cyberspace faces a significant obstacle: computers located in the United States host much of the maliciou…

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