18 Results for:

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…

December 6, 2013

Japan
Global Economics Monthly: December 2013

Bottom Line: Abenomics had an impressive start, but the structural reform agenda has bogged down, raising questions about whether macro policies alone can float the Japanese economy. Against the back…

February 6, 2013

Fossil Fuels
Using Oil Taxes to Improve Fiscal Reform

Overview Economists have long argued that taxing oil consumption would be the most efficient way to address U.S. vulnerability to overpriced and unreliable oil supplies. Yet energy taxes are a thi…

Using Oil Taxes to Improve Fiscal Reform header

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.

October 7, 2013

Capital Flows
Global Economics Monthly: October 2013

Bottom Line: In the face of uncertain capital flows, an international network of swap lines would help to ensure adequate liquidity and act as a significant enhancement of the global financial safety…