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April 5, 2022

Japan
Glen S. Fukushima: Japanese Capitalism and Its Lessons for the United States

Among G7 countries, Japan and the United States are the polar extremes in the type of capitalisms they represent. Although Japan today faces challenges of its own, its experience offers some lessons …

Japan LDP debate organized by younger and female members
Blog Post by Roger W. Ferguson Jr. and Glen S. Fukushima Renewing America

November 15, 2023

China
Meeting Low Expectations: Analyzing President Biden’s Summit with Chinese President Xi Jinping

President Biden’s meeting with Chinese President Xi was an opportunity to stabilize U.S.-China relations and yielded some important deliverables, but the bilateral relationship will continue to be de…

U.S. President Joe Biden holds a bilateral meeting with Chinese President Xi Jinping at the Filoli Estate in Woodside, California.
Blog Post by David Sacks Asia Unbound

June 15, 2023

United States
The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

Chair of the Board of Governors of the Federal Reserve Jerome H. Powell participates in a panel during the Central Bank Symposium in Stockholm, Sweden.
Blog Post by Roger W. Ferguson Jr. and Upamanyu Lahiri Renewing America

November 6, 2023

Southeast Asia
What Southeast Asian States Want from APEC

The Biden administration will seek to gain support for its economic policy and deepen security ties with Southeast Asia, but U.S.-China tensions may hamper progress at the Asia-Pacific Economic Coope…

U.S. Vice President Kamala Harris wears a blue suit while sitting at a table with a white tablecloth and white background, while other leaders also wear blue suits.
Blog Post by Joshua Kurlantzick Asia Unbound

December 20, 2023

China
China: Year in Review 2023

A review of the most significant events in China in 2023, and a look ahead to the most pressing challenges and uncertainties the country will face in 2024.

Chinese President Xi Jinping waves as he walks with U.S. President Joe Biden at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, November 15, 2023.
Blog Post by Yanzhong Huang Asia Unbound

May 3, 2022

United States
James K. Galbraith: Can American-led Global Financial Capitalism Survive?

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly…

G7 summit in Brussels
Blog Post by Roger W. Ferguson Jr. and James K. Galbraith Renewing America