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April 12, 2013

The World Next Week: Britons Mourn Thatcher, Venezuela Votes, and the IMF and World Bank Meet

The World Next Week podcast is up. Bob McMahon and I discussed Margaret Thatcher’s legacy, the Venezuelan elections, and the World Bank and IMF meetings in Washington. [audio: http://www.cfr.org/con…

British prime minister Margaret Thatcher receives a standing ovation at the Conservative Party Conference in 1989 (Stringer/UK/Courtesy Reuters).

January 18, 2013

Sub-Saharan Africa
Emerging Voices: Wolfgang Fengler on the Future of Aid to Africa

Emerging 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 20, 2012

Clarity about Austerity

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…

A man walks in front of a closed bank branch in central Athens, February 2012 (John Kolesidis/Courtesy Reuters).

February 2, 2012

Defense and Security
The World Next Week: The United Nations Debates Syria

The World Next Week podcast is up. Bob McMahon and I discussed the current debate on whether to demand political change in Syria; the forty-eighth Munich International Security Conference; and the tw…

  The United Nations Security Council meets at the U.N. headquarters on January 31, 2012 to discuss Syria. (Mike Segar/courtesy Reuters)

May 13, 2011

Defense and Security
Friday File: Will We Come to Regret the Raid on Abbottabad?

A policeman walks in front of Osama bin Laden's Abbottabad compound. (Faisal Mahmood/courtesy Reuters) Above the Fold. Actions, even virtuous ones, have consequences. Sometimes those consequenc…

A policeman walks in front of the compound where al-Qaeda leader Osama bin Laden was killed in Abbottabad.

June 9, 2009

The Chinese puzzle: why is China growing when other export powerhouses aren’t?

Almost all countries that relied heavily on exports for growth have experienced large downturns. And there economies are still in the doldrums. Except one. China. Why? Few questions matter m…

March 25, 2008

Monetary Policy
Record reserves, Record reserve growth, record reserve currency angst -

Over the past several weeks: Thailand’s reserves topped $100b. Thailand, lest anyone forget, basically ran out of cash reserves back in 1997 (counting its forward commitments) - sending a clear …

March 31, 2006

France: The most “Anglo-Saxon” of the big 3 continental economies

That's a headline you won't see in the financial or popular press.  The basic narrative is already established:  France won't change, and as a result, will lag behind the more flexible "A…