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October 22, 2006

Monetary Policy
Yet more evidence China has far more reserves than it needs … courtesy of Olivier Jeanne and Romain Ranciere of the IMF

Francophone economist working in the US seem to be on something of a roll.   Olivier Blanchard (with Giavazzi and Sa) has developed an interesting model for US current account adjustment.  Helene Rey…

December 15, 2017

United States
Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

Why The Trade Balance (Still) Matters

October 31, 2017

Diplomacy and International Institutions
U.S. Sovereignty Enhanced, Not Undermined, by International Cooperation, Writes Stewart Patrick in New CFR Book

October 31, 2017—When the United States withdrew from the Paris Climate Accord in June, President Donald J. Trump justified the move as a necessary reassertion of U.S. sovereignty. In The Sovereignty…

The Sovereignty Wars: Reconciling America with the World

February 15, 2000

Radicalization and Extremism
The Foreign Policy of the Central Asian Islamic Renaissance Party

Overview The Islamic Renaissance Party (IRP), Hizb-i Nehzat-i Islami in Persian/Tajik, and Islam Uyghonish Partyasi in Uzbek, is a recent movement with few historical roots. Its members are young …

July 10, 2018

Europe
Brexit: A Conversation With Michel Barnier

Michel Barnier discusses the state of the Brexit negotiations between the United Kingdom and the European Union, what is at stake, and what needs to be achieved by the 2019 deadline.

Play Michel Barnier

June 23, 2015

Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal

IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets.  The Greek government continues to resist, arguing…

Greece and Its Creditors Should Do a Guns-For-Pensions Deal

October 9, 2013

Europe and Eurasia
Paul Krugman’s Baltic Bust—Part III

Geo-Graphics posts in July 2010 and 2012 showed that Paul Krugman’s devaluation-driven “Icelandic Miracle” was nothing of the sort – a figment of his having chosen the most favorable possible star…

Paul Krugman’s Baltic Bust—Part III

November 6, 2017

Economics
World Economic Update

The World Economic Update highlights the quarter's most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

Play New York Stock Exchange

October 31, 2017

U.S. Foreign Policy
The Sovereignty Wars

Stewart Patrick argues that the United States can protect its sovereignty while advancing American interests in a global age. He clarifies what is at stake in the sovereignty debate, arguing that the…

February 10, 2009

Budget, Debt, and Deficits
Fiscal Stimulus

America, the world’s largest deficit country, is considering a fiscal stimulus of about $800 billion. China, the largest surplus country, has announced a stimulus of $586 billion, although the effe…

Fiscal Stimulus