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October 5, 2020

Cybersecurity
The Clean Network Program: Digital Age Echoes of the “Long Telegram”?

The U.S. State Department's Clean Network program, created in response to China's expanding capabilities in cyberspace, recalls the the warning George Kennan gave about the Soviet Union in his famous…

U.S. Secretary of State Mike Pompeo speaks during a news conference at the State Department.

September 29, 2020

United States
The Dollar: The World’s Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. But some experts say the costs to…

A man counts U.S. dollars at a market in Turkey

September 28, 2020

China
Chasing Shadows in China’s Balance of Payments Data

China’s second quarter balance of payments data points to a significant increase in the foreign asset accumulation of the state banking system. That at least raises the question of whether China’s au…

Chasing Shadows in China’s Balance of Payments Data

September 16, 2020

Currency Reserves
Asian Intervention in the Foreign Exchange Market is Back. Bigly.

Joe Gagnon and Fred Bergsten have called the years from 2003 to 2013 the decade of manipulation, as a host of Asian countries protected their competitive position of their exporters by intervening ma…

Asian Intervention in the Foreign Exchange Market is Back. Bigly.

September 7, 2020

Trade
The Return of Big Chinese Surpluses (And Large U.S. Deficits)

Global trade imbalances are, once again, largely the result of Chinese and American trade imbalances. China's surplus has increased even as the pandemic has reduced global trade, as has the U.S. defi…

The Return of Big Chinese Surpluses (And Large U.S. Deficits)

August 20, 2020

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Governors' meeting

July 29, 2020

Coronavirus
Coronavirus in South Asia, July 2020: No End in Sight for India

Experts continue to be concerned about low levels of COVID-19 testing across South Asia.

Children on makeshift rafts in a flooded area of Jamalpur, Bangladesh.

July 7, 2020

Labor and Employment
U.S. Temporary Foreign Worker Visa Programs

The United States has long accepted hundreds of thousands of foreign workers each year, but the Trump administration has blocked many of these visas as unemployment among the domestic labor force has…

Agricultural workers from Bud Farms harvest celery on March 26, 2020, in Oxnard, California.

June 22, 2020

India
COVID-19 and Other Inflection Points: Fifth Annual Review of Solar Scale-Up in India

Prior to the COVID-19 pandemic, India was moving to the forefront of the global energy transition, with plans to reach 175-gigawatt (GW) of renewable energy by 2022. Prime Minister Modi’s decisive el…

A private security guard walks between rows of photovoltaic solar panels inside a solar power plant at Raisan village near Gandhinagar, in the western Indian state of Gujarat, February 11, 2014.

May 29, 2020

Nigeria
Kidnapping in Nigeria: A Growth Industry

In the past, kidnapping victims in Nigeria tended to be the wealthy and the prominent. But a new report from SB Morgen, a Nigerian consulting firm, shows that, over time, the pool of potential victims has greatly expanded. Now, victims are often poor.

Nigeria's John Obi Mikel, with a water bottle, drenched in sweat in a green, white, and black patterned Nigeria jersey wears number 10. He is with coach Gernot Rohr at the Africa Cup of Nations in June 2019. A referee in a blue top and black shorts is in the background.