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August 5, 2015

Economics
Global Economics Monthly: August 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that China’s request to include its currency, the renminbi (RMB), in an International Monetary Fund (IMF) currency basket, known as special drawing right (SDR), is political as much as economic in intent and effect. The inclusion would signal a milestone in China’s transition to a less-regulated economy.

July 8, 2015

Greece
Global Economics Monthly: July 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that if Greece exits the eurozone, introducing a new currency could occur quickly; getting broader economic policies right is the more difficult challenge facing the country.

June 18, 2015

International Organizations
Global Economics Monthly: June 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the United States should empower the International Monetary Fund and Group of Twenty to better address currency manipulation concerns.

May 5, 2015

Monetary Policy
Global Economics Monthly: May 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that it is time for central banks to debate whether a higher inflation target would improve the operation of monetary policy.

April 6, 2015

Greece
Global Economics Monthly: April 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the decisions the Greek government will now face over who to pay will change the course of its crisis.

March 3, 2015

Budget, Debt, and Deficits
Global Economics Monthly: March 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that while new collective action clauses are a step forward in dealing with sovereign debt crises, countries must work to change old debt that lacks the clauses to the new standard as quickly as possible.

February 6, 2015

Budget, Debt, and Deficits
Global Economics Monthly: February 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that with sovereign debt woes in Greece and Ukraine testing markets and governments, now might be the time for policymakers to rethink the architecture for resolving debt crises.

January 6, 2015

Russia
Global Economics Monthly: January 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the Russian economy is not yet facing a full-blown economic and financial crisis. An upturn in inflation and a deeper recession will be the real tests in the coming months.

December 11, 2014

Japan
Global Economics Monthly: December 2014

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that unless Japan begins to undertake structural economic reforms, its growth will be almost entirely dependent on easy money, increasing global economic tensions in 2015.

November 6, 2014

Budget, Debt, and Deficits
Global Economics Monthly: November 2014

Bottom Line: The European Central Bank's (ECB) recent asset-quality review (AQR) and stress test of eurozone banks was an important step. But restarting growth requires stronger macro policies if Eur…