29 Results for:

December 6, 2018

China
A New Old Threat

China is once again conducting cyber-enabled theft of U.S. intellectual property to advance its technological capabilities. To combat the problem, the United States should build a multinational coali…

Trump, Bolton, and Xi at G20

November 29, 2018

Arctic
Arctic Governance

As national governments, international institutions, and nonstate actors explore approaches to Arctic governance, a cohesive approach is necessary to address the environmental, economic, sociocultural, and geopolitical challenges the region faces.

Norway's Crown Prince Haakon (center) and Crown Princess Mette-Marit (right) look at an Arctic map at the   Canadian Museum of Nature in Ottawa, Ontario, Canada, on November 7, 2016.

April 27, 2017

Global
Global Economics Monthly May 2017

Bottom Line: British Prime Minister Theresa May’s decision to seek early elections comes as the economic costs of Brexit are becoming more apparent. While the removal of electoral uncertainty may be …

December 2, 2016

Financial Markets
Global Economics Monthly: December 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn writes that financial markets rallied following the U.S. election, on hopes that President-Elect Donald J. Trump’s fiscal stimulus and deregulation initiatives would spur corporate profits and growth. Perhaps so, but a strong case could be made for the opposite: that Trump’s economic agenda will prove disruptive to trade and growth, face growing headwinds in Congress, and exert a contractionary impact on the U.S. economy.

July 18, 2016

Russia
Global Economics Monthly: July 2016

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.

March 1, 2016

Economics
Global Economics Monthly: March 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the International Monetary Fund (IMF) deserves credit for effectively responding to the global and European financial crises. However, the institution will face different and potentially more difficult challenges in the next five years as it struggles to come to terms with a changing international power order and lending rules that are not well suited to address future crises.

January 11, 2016

Financial Markets
Global Economics Monthly: January 2016

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that 2016 looks set to be a volatile year in which geopolitics and hard-to-quantify policy dilemmas create significant uncertainty in markets. Policymakers will be asked to make tough decisions about where and when to intervene in markets at a time when their capacity to deal with crisis is increasing challenged, suggesting the road ahead could continue to be bumpy.

December 7, 2015

European Union
Global Economics Monthly: December 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the European Union (EU) faces rising populist pressure, reflecting long-term challenges to economic policymaking that can only partly be addressed by a cyclical recovery and debt relief. By strengthening the credibility of economic policy and the region’s resilience to shocks, better policy coordination and a faster path to economic union would go far toward securing a better economic future for Europe and addressing some underlying causes of populism.

June 29, 2015

Energy and Climate Policy
Oil Prices, Low-Carbon Energy, and Climate Policy

Overview For decades, oil prices have influenced the outlook for alternatives to oil and policies that support those alternatives. Expensive oil makes substitutes more appealing; cheap oil makes t…

Oil Prices, Low-Carbon Energy, and Climate Policy header

May 5, 2015

Monetary Policy
Global Economics Monthly: May 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that it is time for central banks to debate whether a higher inflation target would improve the operation of monetary policy.