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September 16, 2019

Eritrea
How Long Must Eritrea Wait for Change?

Last week, the Committee to Protect Journalists ranked Eritrea "the most censored country in the world." That unsurprising conclusion is only the latest dubious distinction for Eritrea, a state that often seems frozen in an authoritarian limbo in the midst of region characterized by profound changes. 

Eritrean refugees participate in a demonstration in support of a U.N. human rights report accusing Eritrean leaders of crimes against humanity in front of the Africa Union headquarters in Ethiopia's capital Addis Ababa, June 23, 2016

July 16, 2019

Global Governance
Making Trade Work to Mitigate Climate Change

Trade is a critical multiplier of the fossil fuel–intensive activities that contribute to climate change. Changes to the structure of global trade governance are necessary if the worst consequences o…

A laser, operated by the environmental group Greenpeace, projects a slogan onto the 40,000 tonne coal ship Pasha Bulker June 27, 2007 as it sits about 330 feet from Nobbys Beach after running aground near the coal port of Newcastle on Australia's east coast on June 8, 2007.

June 17, 2019

International Economic Policy
Three Recommended Changes to U.S. Currency Policy

I have a new Policy Innovation Memo that recommends three changes to U.S. currency policy, and specifically, three changes to the U.S. Treasury’s Foreign Exchange report: 1. The Foreign Currency r…

Passers-by are reflected on a signboard displaying currency signs outside a bank in Tokyo November 27, 2014. REUTERS/Issei Kato/File Photo

October 15, 2019

Taiwan
What Does Taiwan’s Hidden Forward Book Mean for Taiwan’s Financial Stability and U.S. Currency Policy?

Taiwan's central bank—and Taiwanese households—have taken on an awful lot of foreign currency risk over the years …

treasury fx intervention taiwan 4

October 11, 2019

Election 2020
Election 2020 Foreign Policy Roundup: Syrian Kurds, the NBA, and LGBTQ Rights

The big foreign policy news this week was President Donald Trump’s decision to withdraw U.S. troops who have been working with Syrian Kurds, effectively greenlighting Turkey’s subsequent invasion of …

People flee Turkish air strikes in Ras al Ain along the northern Syrian border.

October 10, 2019

Education
Investing in Girls’ STEM Education

New technologies are dramatically transforming work and the global economy every day. Science, technology, engineering, and mathematics (STEM) careers hold tremendous promise for millions of girls an…

All-girl team from Afghanistan prepares to compete in first international robot Olympics.

October 10, 2019

Southeast Asia
A Review of “The Hidden History of Burma: Race, Capitalism, and the Crisis of Democracy in the 21st Century”

By Hunter Marston and Joshua Kurlantzick Hunter Marston is a doctoral candidate at Australian National University. In the run-up to Myanmar’s elections next year, there is little positive news …

Myanmar Author Thant Myint-U speaks during the DSC Jaipur Literature Festival (JLF) in Jaipur on January 23, 2012.

October 10, 2019

China
Game On: The NBA Runs Afoul of China but Scores Big

The facts are not in dispute. On October 6, Houston Rockets General Manager Daryl Morey tweeted: “Fight for Freedom: Stand with Hong Kong,” igniting a political firestorm in Beijing. Other Rockets he…

Fans in LeBron James jerseys pose for pictures with Chinese flags near security personnel outside the Mercedes-Benz Arena before the NBA exhibition game between Brooklyn Nets and Los Angeles Lakers in Shanghai, October 10, 2019.

October 9, 2019

India
Xi Jinping to India: Mamallapuram Edition

The Indian government announced today that Chinese President Xi Jinping will visit India later this week for an “informal summit” with Prime Minister Narendra Modi beginning October 11. The leader-le…

Modi and Xi in China

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

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