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.
July 2, 2019Global Governance
Climate change is imperiling humanity’s future. To combat it, the world needs to use rules that have been around for decades, create new rules, and find new space for climate change policy.
September 11, 2017Global Governance
Greater resilience to nationalist rollback is most likely in arenas of global governance where national governments are less dominant. Some of the disruptors to global governance that led to innovation also promise resilience to national policy change.
June 18, 2018Global Governance
No state can successfully manage migration alone. The adoption of a global compact and the consolidation of relevant institutional architecture would help states facilitate regular migration, cope with illegal crossings, and humanely respond to forced migration.
March 15, 2017Greece
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn writes that Greece and its creditors are again locked in a showdown over reforms, cash, and debt relief. Another cliff-hanger ahead of heavy July debt payments looks likely. Extend-and-pretend is a dead end for Greece and an increasingly populist Europe, and a more ambitious agreement seems ruled out by bailout fatigue in creditor countries. Markets are once again underestimating the risks of “Grexit.”
April 18, 2018China
No major transnational problems will be solved without some cooperation between the United States and China. It is imperative that the two countries avoid a further deterioration of the relationship and instead identify areas of potential cooperation.