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June 1, 1999

Politics and Government
Transatlantic Tensions

Americans and Europeans are divided by more than an ocean when it comes to designing and carrying out policies toward countries that repress human rights, develop weapons of mass destruction, and/or …

October 24, 2002

Terrorism and Counterterrorism
A Year after 9/11, America Still Unprepared for a Terrorist Attack, Warns New Hart-Rudman Task Force on Homeland Security

Full text and executive summary: "America— Still Unprepared, Still in Danger," An Independent Task Force Sponsored by the Council on Foreign RelationsClick here to viewthe original Hart-Rudman Report…

November 12, 2004

Capital Flows
Geopolitics of a new G-7

There is a growing sense that the G-7 no longer is the right grouping for discussing today’s major international macroeconomic issues. It is hard to see, for example, how you can discuss "global reb…

November 23, 2004

The budget deficit before all the bad stuff

Isn’t that what leaving any increase in deficit associated with partial privatization of social security off the books implies?Bush’s formula on the dollar in Santiago emphasized the need to control …

April 4, 2005

United States
McKinsey says the trade deficit does not matter

What is good for IBM (oops, Lenovo) is good for America.OK, that is a cheap shot.Yesterday’s Wall Street Journal published a column by Jon Hilsenrath that drew on work by Diana Farrell and the McKins…

January 10, 2005

United States
Apparently, like budget deficits, trade deficits do not matter anymore

Kevin Drum brought the latest National Review "trade deficits do not matter" article to my attention today. I learned a few things, namely that Steven Roach is part of a media misinformation campaig…

May 17, 2005

China
So, is the Bush Administration for bashing China or against it?

Let no one think the Bush Administration doesn’t occasionally try to have it both ways. A month ago the Bush Administration ratcheted up the verbal pressure on China. China was ready to change its…

May 30, 2005

United States
Memo to Kirstof: China has some responsibility for global imbalances too

Nick Kristof accuses the US -- Democrats in Congress in particular -- of scapegoating China, and blaming China for global economic problems (more accurately, the risk of global economic problems) tha…

April 15, 2005

United States
First the President tells China that it is holding a bunch of worthless IOUs …

And now he tells China it really should revalue, in far stronger language than the US (or the G-7) has used before.It seems like Tim Adams, the incoming Treasury Under Secretary for International Aff…

June 8, 2005

Religion
Bipartisan Task Force Endorses Democracy Promotion

Says U.S. Support for Democracy in the Arab World Marks Historic Change and Represents Unique ChallengeJune 9, 2005—A Council-sponsored Task Force, In Support of Arab Democracy: Why and How, says tha…