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January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

January 16, 2024

United States
Tough New Immigration Rules Risk Empowering the Cartels

Tight restrictions on asylum and parole will drive migration further underground, where criminal groups profit.

Migrants

December 20, 2023

United States
Happy 4th Birthday to the U.S. Space Force!

The newest branch of the U.S. military marks its fourth year of service. 

Space Force

November 29, 2023

Economics
How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

Despite sharing broadly similar policy goals, the U.S. and EU are currently struggling to find common approaches to trade in green goods. New ideas are needed.

How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

November 21, 2023

China
China's Current Account Surplus Is Likely Much Bigger Than Reported

The IMF needs to focus on China’s external account in its surveillance. The reported current account surplus appears to be significantly too low.

China's Current Account Surplus Is Likely Much Bigger Than Reported

November 16, 2023

Japan
Chino Mitsuru Claire: Leading Japan's Sōgō Shōsha

Itochu Corporation Managing Executive Officer Chino Mitsuru Claire shares about her path to corporate leadership.

Chino Mitsuru Claire, Itochu Corporation Managing Executive Officer

November 6, 2023

International Finance
The World Needs a Second Channel for Using SDRs

The multilateral development banks need to develop a second channel for mobilizing the world’s under-utilized special drawing rights (SDRs).

The 2023 Annual Meetings of the World Bank Group and IMF in Marrakech

November 1, 2023

Economics
The State of Sovereign Debt Restructuring After the Meetings in Marrakech

Some fundamental problems with the IMF’s Common Framework for debt restructuring have become apparent. Not the least, debt restructuring shouldn't just be an issue for low-income countries.

The State of Sovereign Debt Restructuring After the Meetings in Marrakech

October 16, 2023

Japan
Doden Aiko: Answering a Journalist’s Calling

Japan Broadcasting Corporation (NHK) Special Affairs Commentator Doden Aiko offers her insights from working as a correspondent and field reporter around the world.

Doden Aiko, Special Affairs Commentator at NHK

October 8, 2023

China
Can China Reduce Its Internal Balances Without Renewed External Imbalances?

The rest of the world has a big stake in whether China responds to the demand drag from its construction and real estate slump with looser monetary policy or with direct stimulus to households.

Can China Reduce Its Internal Balances Without Renewed External Imbalances?