Content

Blog Post

Oct 12, 2021

To Bailout or not? This is Xi’s question.

By Amin Mohseni-Cheraghlou

President Xi is concerned about growing wealth and income inequality in China. The Evergrande crisis could nevertheless challenge his determination to address this inequality, a considerable portion of which has been fueled by rising wealth disparities in the housing sector.

China Economy & Business

Blog Post

Oct 8, 2021

US climate investments are required to secure green economy and jobs

By Jeff Goldstein

For the US economy to sustainably function and continue creating jobs in the long-term, investments that help manage climate change and prevent further damage to the environment are essential economic policies.

Climate Change & Climate Action Economy & Business

Blog Post

Oct 6, 2021

Geopolitical change and the emergence of Chinese banking

By Elmar Hellendoorn

Although China's "Big 4" state banks remain focused on supporting domestic Chinese growth and consumption for now, they are also increasingly active across international borders. Their global expansion could seriously challenge the primacy of Western banks and may thus have geopolitical reverberations.

China Economy & Business

Blog Post

Oct 1, 2021

A Digital Asset Bill of Rights

By Michael Greenwald

Even though some may say the UN is not as effective as it was set to be, its soft power continues playing a substantial role in shaping our international community. The US government should take the lead in developing The Digital Asset Bill of Rights for Non-Authoritarian Countries to set internationally the founding principles for understanding the future of modern stores of value and means of exchange.

Digital Currencies Digital Policy

Blog Post

Sep 29, 2021

The inaugural Trade and Technology Council Meeting — groundhog day or great leap forward?

By Barbara C. Matthews

Following the commencement of the Biden presidency, there were high hopes of a resurgence of transatlantic ties. This week's inaugural meeting of the TTC highlights that policymakers on both sides will have difficulty meeting that expectation.

China Economy & Business

Blog Post

Sep 27, 2021

Inclusive growth needs financial inclusion. Can Central Bank Digital Currency help?

By Amin Mohseni-Cheraghlou

1.7 billion adults remained unbanked as per the 2017 wave of Findex dataset, with large disparities in financial inclusion still existing across countries, gender, income, education, and rural-urban lines. CBDCs have the potential to enhance financial inclusion and reduce these disparities.

Digital Currencies Economy & Business

Blog Post

Sep 24, 2021

Evergrande’s debt distress: Withdrawal symptoms of China’s debt-fueled growth model

By Hung Tran

On September 24th China’s giant property developer Evergrande Group entered a 30-day grace period before being declared in default. Although they may not default, this slowdown highlights the key contradiction in China’s policy goals.

China Economy & Business

Blog Post

Sep 9, 2021

Afghanistan’s economy under the Taliban: the challenges ahead

By Inbar Pe'er

If their past is any indication of the future, the Taliban will find funds. But their ability to properly manage monetary policy remains to be seen. If they don’t, they’ll surely lose the economic war, and the people of Afghanistan along with it

Afghanistan Economy & Business

Blog Post

Aug 5, 2021

Foreign Direct Investment: A new strategy for the United States

By Amin Mohseni-Cheraghlou

With the recent inbound and outbound slowdown in US FDI, state-backed investment in strategic industries must be part of a US FDI strategy for the remainder of the twenty-first century.

Economy & Business International Markets

Blog Post

Jul 27, 2021

The time for US immigration reform is now

By Jeff Goldstein

The US is currently grappling with a multi-decade long trend of declining population rates leading to fewer and fewer workers. To meet the challenges of the future, US policymakers must manage declining population growth – and one of the best arrows in their economic policy quiver is comprehensive immigration reform.

Future of Work Macroeconomics