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February 22, 2018

Puerto Rico
Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico?

Puerto Rico’s latest fiscal plan appears to use a best case scenario as its base case. It consequently doesn’t provide a realistic benchmark for evaluating Puerto Rico’s long-run capacity to pay.

Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico?

September 15, 2016

Europe
Do Not Count (European) Fiscal Chickens Before They Hatch

The Wall Street Journal, building on a point made by Peterson’s Jacob Kirkegaard, seems convinced that the policy mood has shifted, and Europe is now poised to use fiscal policy to support its recove…

March 1, 2018

Trade
Donald Trump, Steel Tariffs, and the Costs of Chaos

Donald Trump's decision to impose tariffs on steel and aluminum is the most significant set of U.S. import restrictions in nearly half a century. It will have huge consequences for the global trading…

A worker checks steel wires at a warehouse in Dalian, Liaoning province, China.

December 27, 2017

United States
Ten American Foreign Policy Influentials Who Died in 2017

Year’s end is a time for taking stock, counting successes, and assessing failures. It is also time for remembering those who are no longer with us. Here are ten Americans who died in 2017 who through…

American obituaries

August 4, 2017

Cybersecurity
Cyber Week in Review: August 4, 2017

This week: Apple in China, reforming the way law enforcement accesses data, and blogging regulations in Russia.

Apple in China

September 18, 2018

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 World Economic Update NY 09 2018

June 26, 2017

Saudi Arabia
Saudi Arabia's Untested New Crown Prince: Mohammed Bin Salman Has High Hopes, But Rises to Power at a Dangerous Moment

King Salman's son Mohammed is now the desert kingdom's dominant figure—and the challenges before him are huge.

BinSalmanKSA

April 12, 2017

Monetary Policy
When Did China “Manipulate” Its Currency?

There is no single definition of manipulation, to be sure—so no way of definitively answering the question. Over the last ten or so years, manipulation has been equated with "buying foreign exchange …

When Did China “Manipulate” Its Currency?

October 24, 2016

Egypt
Thinking About Culture and the Middle East

Can observers incorporate culture into their analyses of the Middle East and U.S. foreign policy toward the region?

bp10242016

January 28, 2013

Education
Immigration Reform: Five Years Later, Five Big Challenges

It has been more than five years since the last congressional effort at comprehensive immigration reform dissolved in acrimony. Since that time, the U.S. government has deported nearly 2 million unau…

Renewing-America-DREAM-Act-20130128b