January 18, 2013
Sub-Saharan AfricaEmerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is from Wolfgang Fengler, the lead e…
June 7, 2018
GermanyGermany seems to have ruled out all the mechanisms for eurozone fiscal expansion that the IMF liked…
August 2, 2016
DevelopmentGlobal trade and the supply chains that support it are undergoing a period of profound change. Supply chains face threats including a resurgence of protectionism, climate change, decaying infrastruct…
May 7, 2015
Europe and EurasiaThe IMF has turned up the heat on Greece’s Eurozone neighbors, calling on them to write off “significant amounts” of Greek sovereign debt. Writing off debt, however, doesn’t make the pain disappe…
June 20, 2012
I have just had the privilege of speaking at the main annual conference of Germany’s Economic Council, the economic and business arm of the Christian Democratic Union, the current governing party. Ch…
April 20, 2013
Middle East and North AfricaLady Catherine Ashton, the EU’s top foreign policy official, has received a remarkable letter from the "European Eminent Persons Group on the Middle East Peace Process." This self-selected collectivi…
July 11, 2016
EuropeRules are rules and all. But the application of poorly conceived rules is still a problem. Especially in the face of a negative external shock. The eurozone’s fiscal policy is, more or less, th…
June 22, 2015
EuropeEuropean finance ministers met earlier today and afterwards stated that new proposals from the Greek government were "broadly comprehensive" and "a solid basis" for restarting talks, but made clear t…
June 24, 2015
EuropeHere we go again. The counterproposal from Greece’s creditors has been leaked, and it underscores how far apart the two sides remain on a range of issues: VAT, corporate taxes, and especially pension…
July 29, 2014
RussiaThe Europeans look set to surprise us with significant economic sanctions against Russia (see here and here) that exceed in some respects U.S. measures. The United States likely would expand their sa…