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November 20, 2015

Fossil Fuels
Fiscal Breakeven Oil Prices

Introduction An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget …

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October 29, 2015

Fossil Fuels
Automobile Fuel Economy Standards in a Lower-Oil-Price World

Overview Corporate average fuel economy (CAFE) standards, which require automakers to achieve government-mandated targets for the efficiency of the vehicles they sell each year, can reduce U.S. re…

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May 13, 2015

Global Governance
2015 Report Card on International Cooperation

Overview As countries around the world struggle to combat major global challenges from terrorism to climate change, a Council of Councils Report Card on International Cooperation finds that multil…

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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.

April 6, 2015

Digital Policy
Promoting Norms for Cyberspace

The United States defined its preferred cyberspace norms—Internet openness, security, liberty, free speech, and with minimal government oversight and surveillance—in its 2011 International Strategy f…

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March 3, 2015

Budget, Debt, and Deficits
Global Economics Monthly: March 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that while new collective action clauses are a step forward in dealing with sovereign debt crises, countries must work to change old debt that lacks the clauses to the new standard as quickly as possible.

February 6, 2015

Budget, Debt, and Deficits
Global Economics Monthly: February 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that with sovereign debt woes in Greece and Ukraine testing markets and governments, now might be the time for policymakers to rethink the architecture for resolving debt crises.

December 11, 2014

Fossil Fuels
Spillovers From Falling Oil Prices

Overview U.S. policymakers who worry about the impact of energy developments on geopolitics typically think of high oil prices as bad news and low prices as an unalloyed good. But a sustained drop…

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November 6, 2014

Budget, Debt, and Deficits
Global Economics Monthly: November 2014

Bottom Line: The European Central Bank's (ECB) recent asset-quality review (AQR) and stress test of eurozone banks was an important step. But restarting growth requires stronger macro policies if Eur…

July 15, 2014

China
Global Economics Monthly: July 2014

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn discusses economic reform and rebalancing in China and their implications for future growth and crisis prevention.