Economy & Business

Why AMLO’s meeting with Trump is important

By María Fernanda Bozmoski

The expectations for AMLO’s first international trip are inevitably high, especially given the timing amid the worst multi-dimensional crisis in recent history but also coming just a week after the US-Mexico-Canada Agreement (USMCA) entered into force. For the United States, the meeting and the ensuing side-by-side pictures will send strong signals to the region and the world that US-Mexico ties are in a good place.

Ambassador Fried testifies to House Committee on Foreign Affairs on exposing and demanding accountability for Kremlin crimes abroad

Exposing and demanding accountability for Kremlin crimes abroad

Can Washington avoid a China “shake and bake”?

By Julia Friedlander

Washington is mounting a regulatory onslaught in response to China’s transgressions with no defined trajectory. The coming weeks will be a test whether US actions will send a clear message, or whether we’ll have a China shake-and-bake.

Berlin takes over the EU presidency: Lower your expectations

By Jörn Fleck

If Germany achieves a breakthrough on even one of the big-ticket items of its presidency, it is despite the chancellor and its political elites’ legacy of European policy over the last decade. Those betting wisely would do best to lower expectations for a Germany that has yet to have a moment of truth with itself about its role in Europe and the world.

Prospects for the COVID-19 pandemic

By Mathew Burrows, Peter Engelke

The COVID-19 pandemic is not just a global health crisis. It could spark global recession, while undermining globalism, cooperation and multilateralism, ushering in a renewed era of authoritarianism, isolation and open conflict between global powers.

A global strategy for shaping the post-COVID-19 world

By Jeffrey Cimmino, Rebecca Katz, Matthew Kroenig, Josh Lipsky, Barry Pavel

The COVID-19 pandemic is an acute public health and economic crisis that is further destabilizing an already weakened rules-based international system. With cooperation, determination, and resolve, however, the United States and its allies can recover from the crisis and revitalize an adapted rules-based system to bring about decades of future freedom, peace, and prosperity.

Trade and financial fragmentation: New challenges to global stability

By Robert A. Manning

There is greater uncertainty today about the future of global trade than at any time since the post-World War II trading system was created seven decades ago. This was true before the COVID-19 pandemic froze much of the world economy; the health crisis has added a new layer of uncertainty. We are at a historic inflection point: the global trade regime urgently needs renovation and updating to meet new challenges, yet it is fraying and fragmenting.

Emerging technologies: new challenges to global stability

By Robert A. Manning

The world may be fast approaching the perfect storm, with the intersection of two major global trends. At a moment of historic transition, when the post-WWII and post-Cold War international order is eroding amid competing visions of world order and renewed geopolitical rivalries, the world is also in the early stages of an unprecedented technological transformation

Do deficits matter? Japan shows they do.

By Hung Tran

Japan is often a misleading example for those who downplay the problems of debt. Tokyo has run budget deficits throughout the past three decades, creating one of the world’s highest public debt to GDP ratios, without any adverse effect on inflation and interest rates. But this comes at the cost of high savings by the household and corporate sectors, which has hampered Japanese growth.