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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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April 13, 2018
Thailand
Previewing the U.S. Treasury’s April Foreign Exchange Report
The U.S. Treasury Department’s next foreign exchange report is due on April 15—so it should come out soon, maybe even tonight. Normally the section on China attracts all the attention. But righ…
April 20, 2017
Monetary Policy
The Combined Surplus of Asia and Europe Stayed Big in 2016
A long time ago I confessed that I like to read the IMF’s World Economic Outlook (WEO) from back to front. OK, I sometimes skip a few chapters. But I take particular interest in the IMF’s data tables…
May 8, 2020
United States
Five Points about U.S. Trade Over the Last Thirty Years
A few things that jumped out at me about the U.S. trade data. Some no doubt are controversial.
November 22, 2016
United States
Fiscal Reflation in One Country
President-elect Trump wants to cut taxes and increase investment in U.S. infrastructure (or at least provide a tax break for existing infrastructure investment) and doesn’t seem especially worried if…
July 5, 2015
Europe
Currencies Are Easy, Policies Are Hard
Now that Greek voters have voted “no” in the referendum, the government is engaged in a last-ditch effort to reach agreement with its creditors on policies and financing; if an agreement is not reach…
