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March 22, 2018

Trade
The Trump Tariffs on China: A Perilous Moment

The new tariffs are a high-stake gamble that economic shock and awe can succeed where negotiations have failed.

China US Currency

January 6, 2011

Middle East and North Africa
Telescopic Philanthropy, 2011

Wreckage is seen after rioters damaged shops in Maan. (Petra Petra/Courtesy Reuters) APN News: "Rioters in the southern Jordanian city of Maan set fire to government buildings, police cars and busin…

Telescopic Philanthropy, 2011

July 2, 2009

Financial Markets
"A more balanced economy might allow the world to live with a less perfect financial system"

Mike Dooley and Peter Garber argue (at VoxEU) that the recent crisis has nothing to do with “Bretton Woods 2” -- an international monetary system where reserve growth in the “periphery” financed defi…

abs-v-yield-curve2

April 3, 2013

Sub-Saharan Africa
Kenya Elections

While violence broke out sporadically, post-election Kenya is far from the domestic Armageddon that followed the 2007 elections. Uhuru Kenyatta, under indictment by the International Criminal Court (…

Kenya's Chief Justice Willy Mutunga (3rd L) leads the Supreme Court Judges Njoki Ndungu (L-R), Philip Tunoi, Jackton Ojwang, Mohamed Ibrahim and Smokin Wanjala, in Kenya's capital Nairobi, March 30, 2013.

March 27, 2006

United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -

With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right.   The core argument of that paper is that the contin…