Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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June 2, 2016
G20 (Group of Twenty)
China’s G20 Challenge
Overview China's leadership of the Group of Twenty (G20) in 2016 comes at a moment when the role of the G20 itself is being challenged by disappointingly slow global growth and a trend toward regi…
February 23, 2013
South Korea
Global Governance and Middle Powers: South Korea’s Role in the G20
Many issues today require unprecedented international cooperation. The proliferation of weapons of mass destruction (WMD), terrorism, cybersecurity threats, climate change, and economic imbalances be…
September 3, 2013
Budget, Debt, and Deficits
Global Economics Monthly: September 2013
Bottom Line: There's a strong consensus that this fall's fiscal showdown will result in a compromise agreement, but a deal may be harder to get than markets anticipate. Have pity on the U.S. fisca…
November 1, 2011
China
What Drives CNH Market Equilibrium?
Overview The recent rapid growth of the offshore renminbi market presents a puzzle for analysts of China's development strategy. By allowing renminbi to flow offshore uncontrolled before loosening…
September 12, 2016
G20 (Group of Twenty)
Global Economics Monthly: September 2016
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that at the Group of Twenty (G20) Summit in Hangzhou, China, leaders called for governments to do more to support growth, but offered little in the way of new measures. Quietly, and away from the G20 spotlight, fiscal policy is becoming more expansionary, but current policies are unlikely to provide a meaningful boost to growth or soothe rising populist pressures.