June 26, 2018Monetary Policy
To minimize the risk of greater global imbalances, U.S. policymakers should rethink U.S. fiscal policy and focus on the transatlantic imbalances, not the bilateral trade deficit with China.
April 10, 2017Sub-Saharan Africa
A policy of combating kleptocracy across sub-Saharan Africa would strengthen the national security of the United States, and the Donald J. Trump administration should start with Nigeria and South Africa.
September 12, 2016G20 (Group of Twenty)
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, 2016Russia
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.