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November 15, 2022

South Korea
Strengthening the “Comprehensive Strategic Alliance” Between the United States and South Korea

Sang Hyun Lee, president of the Sejong Institute; Jung-Yeop Woo, senior research fellow at the Sejong Institute; Sue Mi Terry, director of the Wilson Center's Hyundai Motor-Korea Foundation Center fo…

Play Secretary Austin Welcomes Korean Defense Minster Lee Jong-Sup To The Pentagon

March 31, 2020

International Economic Policy
Not One Emerging Market Financial Crisis, but Many…

The common denominator across many emerging economies is a shortage of dollars. But the causes differ, as do the solutions.

A worker wearing a protective suit is seen inside the Shanghai Stock Exchange building amid the coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.

March 17, 2020

International Economic Policy
Addressing the Global Dollar Shortage: More Swap Lines? A New Fed Repo Facility for Central Banks? More IMF Lending?

There is a global scramble for dollars going on. It needs to be addressed through creative policies.

FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013.

November 1, 2019

Ireland
Ireland’s Statistical Cry for Help…

Ireland's tax authorities have made the job of Ireland's statistical authorities almost impossible.   The distortions in the Irish data are now so big that the impact the data for the entire euro are…

Ireland’s Statistical Cry for Help…

October 24, 2019

Japan
A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?

A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?