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November 17, 2011

Northeast Asia
The East Asia Summit and the Difficulty of Establishing a Security Regime in Northeast Asia

The United States' membership in the East Asian Summit (EAS) may mark a new step in U.S. involvement in East Asia. But East Asian regionalism does not currently provide an answer for how to instituti…

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September 24, 2010

Economic Crises
Eurozone Crisis as Historical Legacy

This essay examines the historical roots of the eurozone crisis, tracing the roots of ongoing political and economic problems back to agreements that were made around German reunification in 1989. …

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December 1, 1999

Emerging Markets
Building the Financial Infrastructure for Middle Class Emerging Economies

Overview The export-led growth model for emerging economies is driven by their need to service external debt and build foreign exchange reserves. It has foundered in the aftermath of financial cri…

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September 1, 2000

Budget, Debt, and Deficits
Future Visions for U.S. Defense Policy

Overview Though threats to American security have changed dramatically in the last decade, U.S. defense policy and military forces look a lot like they did during the closing days of the Cold War…

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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.